Regulatory Alerts2023-02-21 | 2023-03467Added · Updated
The Commission’s Privacy Act Regulations
The Securities and Exchange Commission proposes amendments to its regulations under the Privacy Act of 1974 to clarify, update, and streamline procedural provisions. The proposed rule replaces current regulations to codify existing practices, including electronic identity verification, a 90-day administrative appeal period, and updated fee structures for record duplication. Additionally, the amendments add provisions for accounting of disclosures and eliminate redundant or obsolete sections to improve efficiency and reduce confusion for requesters.
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