By Kurt Seifried (kurt@seifried.org)

There is a new and potentially damaging problem on the horizon for many financial service firms, ranging from banks to mortgage lenders and insurance companies.

Privacy laws designed to protect consumer.

Now don’t get me wrong, I generally support the idea of laws that will provide protection to consumers with respect to their personal data (i.e. name, social insurance number, banking details, address, etc.) but I can see some very serious potential problems because of the way US state laws interact with corporations.

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