Comment Letters
February 3, 2014Re: Hearing Titled “Privacy in the Digital Age: Preventing Data Breaches and Combating Cybercrime” Dear Chairman Leahy and Senator Grassley: The undersigned organizations representing the financial services industry are writing to commend you for holding this hearing on the recent breaches of sensitive consumer financial and personal information at several major retailers across the country. The...
February 3, 2014Re: Hearing Titled “Safeguarding Consumers’ Financial Data” Dear Chairman Warner and Senator Kirk: The undersigned organizations representing the financial services industry are writing to commend you for holding this hearing on the recent breaches of sensitive consumer financial and personal information at several major retailers across the country. The financial services industry stands ready...
January 28, 2014Dear Chairman Carper and Ranking Member Coburn: The undersigned representatives of the financial services industry write to commend you on your efforts to advance bi-partisan postal reform. The financial services industry is one of the largest customer segments of the Postal Service. The statements, bills, and promotional materials sent by financial institutions account for a significant amount...
January 28, 2014Dear Leaders Reid and McConnell: The undersigned organizations, representing the financial services industry, share the public policy goal of ensuring homeowners have adequate coverage in place to protect against and recover from flood damage, and submit this letter in support of Senator Hagan’s amendment to the Biggert-Waters Flood Insurance Reform Act of 2012 (BW-12). Senator Hagan’s amendment...
January 13, 2014Dear Chairman McCaul and Ranking Member Thompson: The undersigned organizations, representing the financial services industry, appreciate your efforts to introduce H.R. 3696, the National Cybersecurity and Critical Infrastructure Protection Act. We welcome your leadership in this crucial fight against cyber threats and your work in forging this commonsense, bipartisan legislation. While Congress...
December 20, 2013EXECUTIVE SUMMARY The American Bankers Association and the Consumer Bankers Association support the revised exemption proposal of the Cargo Airline Association, which would permit its members to send non-telemarketing package delivery notifications to mobile devices on a free-to-end-user basis without first obtaining the prior express consent of the recipients. Package delivery notifications are...
December 16, 2013Amici respectfully submit that their motion for leave to participate in oral argument should be granted. Appellees’ arguments in opposition are meritless. 1. Appellees (“the merchants”) do not dispute that amici’s members have a direct, unique stake in this litigation. Opp. 1-2. Nor could the merchants dispute the point. Amici’s members are the very parties regulated by Regulation II. The...
December 13, 2013Dear Mr. Sedgewick: The Financial Services Sector Coordinating Council1 (FSSCC) appreciates the opportunity to provide comments in response to the National Institute of Standards and Technology Request for Comments on the Preliminary Cybersecurity Framework (“Framework”). FSSCC submits this response to demonstrate the deep commitment of the financial services sector to the public/private...
December 6, 2013Ladies and Gentlemen: The American Bankers Association, its insurance subsidiary, the American Bankers Insurance Association, and the Consumer Bankers Association (the Associations) appreciate the opportunity to comment on the proposal by the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Farm Credit...
Joint Trades Letter Re: Proposed Interagency Standards for Assessing Diversity Policies (OMWI)