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"Consumers don't need to be flooded with duplicative and confusing information, we need to make disclosures easier to understand," Sen. Sherrod Brown said.

Brown, Moran Introduce Privacy Notice Bill

MAR 21, 2013 3:08pm ET
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Sens. Sherrod Brown, D-Ohio, and Jerry Moran, R-Kan., introduced a bill Thursday that would exempt financial institutions from having to send annual private notices if the disclosures haven’t changed from the year before.

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