An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

Securities and Exchange Commission (SEC)

A U.S. government agency responsible for protecting investors, maintaining fair and orderly functioning of securities markets, and facilitating capital formation. It oversees public companies and stock exchanges.

Commercial data operator

An entity, like a large online service provider or data broker, that generates significant revenue from collecting, using, or selling user data, and has over 100 million unique monthly users in the U.S.

User data

Any information that identifies, relates to, or could reasonably be linked to an individual user, whether provided directly by the user or gathered from their online activity.

Issuer

A legal entity that develops, registers, and sells securities (like stocks or bonds) to finance its operations. In this context, it refers to publicly traded companies.

Promulgate regulations

To formally announce or put into effect a law or rule, typically done by a government agency to implement a new law passed by Congress.

Federal Trade Commission (FTC)

A U.S. government agency whose mission is to protect consumers and promote competition. It enforces consumer protection laws, including those against unfair, deceptive, or fraudulent business practices.