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University Settles Claims Involving Use of Retirement Plan Participant Data for Cross-Selling by Recordkeeper
Jackson Lewis via Lexology; registration required 
May 8, 2019
"As the Vanderbilt settlement indicates, plan participants have become increasingly aware of the vulnerabilities associated with handling their data, as well as how their data is being used by plan vendors. In addition to monetary compensation, the Vanderbilt settlement stipulates that vendors such as recordkeepers cannot use employee participant data to market or sell products unrelated to the retirement plan to the participants, unless the participants initiate."
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