House Members Release Data Brokers’ Responses to Congressional Inquiry

Posted on November 12th, 2012 in Consumer Finance, E-Commerce, Federal Issues By BuckleySandler

On November 8, a bipartisan group of lawmakers released the responses of nine firms the lawmakers targeted in July 2012 as “major data brokerage companies” and from which the members sought information about how each firm collects, uses, and protects consumer data. Representative Markey (D-MA) who is leading the inquiry of these firms characterized the responses as incomplete, particularly with regard to how the firms analyze personal information to categorize and rate consumers. Last month, Senator Rockefeller (D-WV) initiated a similar review of data broker practices.

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