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GAO: States Trail Feds On Privacy


State insurance authorities are behind most federal regulators in establishing standards for safeguarding consumer privacy under the Gramm-Leach-Bliley Act, the General Accounting Office says.

A GAO report said that while most states have adopted regulations or enacted legislation based on a model regulation developed by the National Association of Insurance Commissioners, there is no guarantee that all states will consistently implement the regulation. GAO also noted that there is considerable variation in the privacy standards adopted by the states.

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