
In February, the Federal Student Aid (FSA) office of the U.S. Department of Education issued Electronic Announcement General-23-09 on the updated and strengthened requirements of the Federal Trade Commission’s (FTC) Gramm-Leach-Bliley Act Safeguards Rule. The new Electronic Announcement summarizes many of the requirements added by the FTC in the Safeguards Rule, most of which become effective June 9, 2023. READ MORE