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In data security or privacy terms, this is the breach of a legal duty to protect personal information.
The Financial Industry Regulatory Authority (FINRA, Inc.) exists to protect investors.
The transfer of personal data from one legal jurisdiction, such as the EU, to another, such as the US. Many data protection laws place major restrictions on cross-border data transfers.
Notice at Collection, is a transparency requirement that compels businesses to inform consumers, at or before the point of collection, about the category of personal information (PI) that they collect.