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U.S. House proposal would allow consumers to opt-out of CFPB data collection
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Consumer Protection, Legislation
Tuesday, May 20, 2014
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Legislation recently introduced into the U.S. House would require the Consumer Financial Protection Bureau to create an opt-out list for consumers who do not want the bureau to collect their personally identifiable information. The bill, HR 4604, would also limit the length of time the CFPB can retain certain data. Read on to learn more about the bill.
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