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.