Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
FTC seeks comment on Web privacy for children
WASHINGTON (8/7/12)--Credit unions that offer programs and products aimed at children--like an online savings club for kids--would have to take additional steps to get parental permission before obtaining information from the children, as a result of proposed rules issued for a 30-day comment period by the Federal Trade Commission (FTC).

The rule would clarify the definition of which entities would be required to obtain parental consent before collecting information about users under 13.  Its focus would be on third-party partners.

Currently, websites aimed at children must receive parental permission before collecting identifiable information such as names and e-mail addresses.

The FTC said the 1998 Children's Online Privacy Protection Act, which mandated parental permission in many cases, "did not foresee how easy and commonplace it would become for child-directed services to integrate social networking and other personal information collection features into the content offered to their users, without maintaining ownership, control, or access to the personal data."

Written comments must be received by Sept. 10.

Use the resource link to read the complete FTC proposal.
Other Resources

RSS print
News Now LiveWire
July 's Fed Bank's "FedFocus" has some interesting articles: incl cost/benefits of $1 currency 2 coin conversion ttp://tinyurl.com/nybmnhh
13 hours ago
Do you wish you were a News Now subscriber? Go here: http://t.co/7evfBSjeMx
13 hours ago
Financial education for student body key part of Altura #creditunion, UC-Riverside partnership #NewsNow http://t.co/Xp6OJd66o6
14 hours ago
.@VTcreditunions gains 200 new FB followers in just 2 wks to reach 1,000 http://t.co/I89xJcv4Jg
14 hours ago
.@CUNA is testifying on reg relief Tues,July 15 at 2 p.m. be4 Hs Fin Serv Subc. Here is the agenda and witness list: http://t.co/yBRhlmdqHt
17 hours ago