Privacy and Data Security: The Role of the US Regulators
E-Finance & Payments Law & PolicyElizabeth E. McGinn
In the wake of the Dodd-Frank Wall Street Reform and ConsumerProtection Act and in light of the rapid pace of innovation in the online and mobile payments industry, those involved in payment systems need to understand the US regulatory scheme for privacy and data security under which they operate. Additionally, those involved in the payments process need to understand which regulators have regulatory, examination, and enforcement authority with respect to each law, as Elizabeth E. McGinn of Buckley Sandler LLP discuss.
Originally published in E-Finance & Payments Law & Policy, reposted with permission.