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2003 PIA Position Paper: Privacy

The PIA National Federal Affairs Committee has designated Privacy as one of three primary issues of focus for the 2003 PIA Federal Legislative Summit in...
February 10, 2003

The PIA National Federal Affairs Committee has designated Privacy as one of three primary issues of focus for the 2003 PIA Federal Legislative Summit in Washington, D.C. and the 108th Congress. The others are Optional Federal Charters for Insurance and Natural Disaster Legislation.

PIA National believes that privacy concerns should be dealt with en masse rather than through an industry-by-industry approach. We further assert that consumers should have the right to receive notice giving them the ability to "opt out" of any information sharing proposed by a financial institution with whom they do business, including information shared with an affiliated company. Additionally, PIA National maintains that financial institutions should be required to get affirmative consent ("opt in") from consumers before sharing any medical information or particularly sensitive information within a financial services conglomerate.

2003 PIA Position Paper: Privacy 

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