Home > People, Regulation > A Busy Tuesday at the FTC

A Busy Tuesday at the FTC

Yesterday was probably a hectic one for the FTC’s press corps.  First, news that President Obama has announced his intention to nominate Julie Brill as FTC Commissioner (he also nominated Edith Ramirez, a partner at Quinn Emanuel for the second FTC vacancy).  Julie brings an important perspective to the FTC, having served as consumer protection chief in the Vermont and North Carolina AG offices for over 20 years.  She is an expert on the most important consumer issues of our time: credit card reporting, pharmaceutical marketing, privacy and data security. We wish her a successful nomination!

Also yesterday, the FTC released an agenda for the first roundtable in its Exploring Privacy series, which aims to “explore the privacy challenges posed by the vast array of 21st century technology and business practices that collect and use consumer data.  The first one-day roundtable on December 7th will consist of panel discussions on 5 topics:

  • Benefits and Risks of Collecting, Using & Retaining Consumer Data
  • Consumer Expectations & Disclosures
  • Online Behavorial Advertising
  • Information Brokers
  • Exploring Existing Regulatory Frameworks

The FTC also announced that its second roundtable will be held in conjunction with the Berkeley Center for Law & Technology on January 28, 2010.

Finally, the FTC – along with the seven other agencies that regulate the financial industry – released a model privacy form.  The form and its model language are intended to guide financial institutions in their compliance with Gramm-Leach-Bliley (“GLB”), the federal law that governs how financial institutions collect and share consumer information.

For extra credit, here are those seven other agencies: the Board of Governors of the Federal Reserve System, Commodity Futures Trading Commission, Federal Deposit Insurance Corporation, National Credit Union Administration, Office of the Comptroller of the Currency, Office of Thrift Supervision, and the Securities & Exchange Commission.

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