Utah Gov. Spencer Cox on March 27 signed into law Senate Bill 226 relating to the use of generative artificial intelligence in consumer transactions and regulated services. The law goes into effect on May 7, 2025.
Eric Rosenkoetter
The Consumer Financial Services Blog, published by the Maurice A. Deane School of Law at Hofstra University, covers legal developments and regulatory changes affecting consumer financial services. Topics include state and federal legislation on data breach notification laws, consumer protection statutes, and the impact of emerging technologies such as artificial intelligence on consumer transactions. The blog discusses amendments to security breach laws, new consumer protection proposals, and regulatory responses to AI deployment in financial services. It provides updates on legislative actions across various states and explores their implications for consumers and financial service providers.
Utah Gov. Spencer Cox on March 27 signed into law Senate Bill 226 relating to the use of generative artificial intelligence in consumer transactions and regulated services. The law goes into effect on May 7, 2025.
Eric Rosenkoetter
Kentucky Gov. Andy Beshear on March 15 signed into law House Bill 473, which amends the Kentucky Consumer Data Protection Act. The amendments will go into effect Jan. 1, 2026.
Eric Rosenkoetter
The upward trend in data privacy legislation continued in 2024. Narrowing the focus to “comprehensive” legislation, i.e., that which conveys certain rights to consumers and restricts the collection and use of their personal information, over 70 bills were filed.
Eric
New York Gov. Kathy Hochul recently signed into law A8872-A and S2659-B which amend New York’s data breach notification law.
Eric Rosenkoetter