NAR along with nine other trade associations submitted a letter opposed to draft data breach legislation in the House and attempting to move this year because it fails to 1) establish a uniform nationwide law; 2) provide reasonable data security standards; 3) maintain an appropriate FTC enforcement regime and 4) ensure that all breached entities have notice obligations.
NAR will continue to work in the new Congress on sensible data breach legisaltion that works for the real estate industry.
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