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Legal

ABA and 49 state bankers associations today urged the Uniform Law Commission to reject a draft of model state-level legislation on consumer data privacy that does not provide sufficient exemptions for banks, which are already subject to stringent federal data security standards and includes the potential for banks to be subject to lawsuits.

Legal

ABA joined more than 580 trade associations representing a broad range of industries in a letter yesterday urging members of Congress to include targeted and temporary liability protections as part of the next COVID-19 relief package.

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