BITS Joins ABA and SIFMA in Submitting Letter Requesting FTC to Harmonize New Regulatory Requirements in a Revised Version of the Safeguard Rule

BITS Joins ABA and SIFMA in Submitting Letter Requesting FTC to Harmonize New Regulatory Requirements in a Revised Version of the Safeguard Rule

BITS, ABA and SIFMA submitting a comment letter urging the FTC to harmonize new regulatory requirements in a revised version of the Safeguards Rule. The Associations urge the FTC to ease unnecessary compliance burdens and ensure a revised Rule does not include significant substantive gaps.

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The views expressed do not necessarily reflect those of the Bank Policy Institute’s member banks, and are not intended to be, and should not be construed as, legal advice of any kind.