Mike Zaneis, the IAB’s VP of public policy, said this was the « number one legislative priority » for the trade group. Despite the fact that online privacy legislation has made more headlines, Zaneis described the inclusion of the FTC provision in the financial regulatory reform bill as the « one legislative vehicle that was moving and had at least a likelihood of passing. » If the FTC is given the broader authority, it could « just move unilaterally, » making the threat of overreaching privacy legislation moot.

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