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Republican Attorneys General Oppose Proposed IRS Reporting Rules

A group of 20 Republican AGs, led by Georgia AG Chris Carr, Idaho AG Lawrence Wasden, and Utah AG Sean Reyes, sent a letter to President Joe Biden and Treasury Secretary Janet Yellen in opposition to the administration’s proposed new Internal Revenue Service (“IRS”) reporting requirements for financial institutions.

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Reverse Mortgage Provider Allegedly Misled Consumers Despite 2016 Consent Decree

The Consumer Financial Protection Bureau (“CFPB”) reached a settlement with reverse mortgage provider American Advisors Group (“AAG”) to resolve allegations that it engaged in deceptive conduct to market and sell its reverse mortgages in violation of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Act”).

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Fertility Clinic Allegedly Failed to Safeguard Personal Health Information of 15,000 Patients

New Jersey Acting AG Andrew Bruck reached a settlement with healthcare provider Diamond Institute for Infertility and Menopause, LLC (“Diamond”) to resolve allegations stemming from a 2016 data breach that compromised the personal health information of nearly 15,000 patients in violation of the New Jersey Consumer Fraud Act, the New Jersey Identity Theft Prevention Act,…

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NAAG Voices Support for Congress’s Hearings on Social Media Platforms’ Targeting of Minors

The National Association of Attorneys General (“NAAG”) sent a letter to the S. Senate Committee on Commerce, Science and Transportation’s Subcommittee on Consumer Protection, Product Safety, and Data Security in support of the Subcommittee’s hearings regarding the use of social media by minors and its impacts.

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FTC Clarifies that Health Apps Have a Duty to Report Data Security Breaches

The Federal Trade Commission (“FTC”) issued a policy statement clarifying that health apps that collect or use consumers’ health information are subject to the Health Breach Notification Rule’s notification requirements when the consumer data they collect is subject to unauthorized access. The FTC’s policy statement notes that the American Recovery and Reinvestment Act of 2009 directed…

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