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Website Privacy Policies and the FTC's Authority Over Retirement Plans
Business of BenefitsLink to more items from this source
Sept. 29, 2015
"Remembering that ERISA does NOT preempt the application of other federal law (like the SEC, Anti-Money Laundering, and the Patriot Act rules -- just to name a few), ... we now may find ourselves needing to deal with the Federal Trade Commissions standards as well. The issue arises from something as innocuous as the website privacy policies which are so commonplace on retirement plan vendor websites (you know, those things know one ever reads or pays attention to). Well, it appears to matter to the Federal Trade Commission." [FTC v. Wyndham Worldwide, No. 14-3514 (3d Cir. Aug. 24, 2015)]

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