To require the Securities and Exchange Commission to promulgate regulations relating to the disclosure of certain commercial data, and for other purposes.
About This Bill
Committee
Latest Action · March 18, 2022
Referred to the Subcommittee on Consumer Protection and Commerce.
Designing Accounting Safeguards to Help Broaden Oversight And Regulations on Data Act of 2022 or the DASHBOARD Act of 2022
This bill requires commercial data operators (i.e., large consumer online services providers or data brokers) to disclose to users what types of user data are collected, and the usage and value of that data. Commercial data operators must also provide users with a way to delete this data. Violations of these requirements are enforced by the Federal Trade Commission.
Commercial data operators that issue securities must report the value of their user data and the value of any third-party contracts made for the collection of user data.
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