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CA Governor Endorses Tough Privacy Bill With "Opt In" Standard

California Governor Gray Davis (D) has endorsed a bill which if enacted would become the nation's toughest financial privacy legislation. S.B. 1 would place new...
June 10, 2003

California Governor Gray Davis (D) has endorsed a bill which if enacted would become the nation's toughest financial privacy legislation. S.B. 1 would place new restrictions on the marketing of personal information and require banks and insurers to get opt-in customer permission before selling or sharing such data. Fred Main, senior vice president for the California Chamber Commerce, said if adopted S.B. 1 would mean "California would go beyond the federal standard and have the toughest financial privacy laws in the country." More

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