NEW Policy Blog Templates - 2025-04-02T130943.998

SIIA Provides Comments on CFPB’s Proposed Regulation V Rule

by Policy

The Software and Information Industry Association (SIIA) strongly opposes the Consumer Financial Protection Bureau’s (CFPB) Proposed Rule amending Regulation V, arguing that it exceeds the Bureau’s authority under the Fair Credit Reporting Act (FCRA) and would have severe unintended consequences. The Proposed Rule broadly defines data brokers and consumer reporting agencies, potentially encompassing businesses that publish and analyze information essential for academic research, fraud prevention, and economic activity. SIIA contends that this overreach would stifle legitimate data-driven practices, hinder fraud prevention efforts, and impose excessive regulatory burdens on industries that have no direct role in consumer credit reporting.

Additionally, SIIA raises concerns that the Proposed Rule’s sweeping scope would restrict free speech, disrupt business operations, and create compliance challenges by holding entities responsible for how downstream recipients use shared information. The rule’s expansive definition of consumer reports could curtail the use of data for research, marketing, law enforcement, and AI model development, ultimately harming consumers and businesses alike. SIIA urges the withdrawal of the rule, advocating instead for policies that balance consumer protection with the benefits of a thriving information economy.

Full Letter Here
NEW Policy Blog Templates - 2025-03-31T175333.569

SIIA and Coalition Urge Congress to Overturn FTC’s Subscription Rule

by Policy

The Software and Information Industry Association (SIIA) has joined a coalition of organizations urging Congress to overturn the Federal Trade Commission’s new rule on recurring subscriptions and negative option programs. In a letter to key congressional leaders, the group argues that the new rule is overly broad, exceeds the FTC’s authority, and imposes unnecessary burdens on businesses while creating confusion for consumers.

The letter warns that the rule could affect more than a billion subscription agreements across various industries, potentially disrupting services that millions of Americans rely on. The letter calls on Congress to pass a resolution of disapproval to safeguard consumer access to essential and innovative subscription-based services.

Full Letter Here
NEW Policy Blog Templates - 2025-03-27T143112.619

SIIA Joins Amicus Brief Urging Supreme Court Review of Antitrust Case

by Policy

The Software and Information Industry Association (SIIA), along with several other industry associations, has joined an amicus brief urging the U.S. Supreme Court to review a recent decision by the Fourth Circuit Court of Appeals. The brief argues that the Fourth Circuit got the law wrong, and in the process upended decades of antitrust doctrine, when it endorsed the “monopoly broth” theory, which holds that multiple lawful business practices, when combined, can somehow violate the Sherman Act.

The Fourth Circuit’s holding in Duke Energy notwithstanding, the monopoly broth theory contradicts long-established Supreme Court precedent and creates uncertainty for businesses, potentially chilling pro-competitive conduct. Because of this, SIIA and its partners believe that allowing this decision to stand would harm innovation, competition, and investment, thereby undermining the very foundation of antitrust law.

Full Amicus Brief
NEW Policy Blog Templates - 2025-03-27T130051.662

SIIA Joins Industry Letter in Support of the SAMOSA Act

by Policy

SIIA and a coalition of industry groups urge Congress to pass the Strengthening Agency Management and Oversight of Software Assets (SAMOSA) Act, a bipartisan bill that will eliminate wasteful federal IT spending and improve software management across government agencies. With the federal government spending over $100 billion annually on IT and cybersecurity, inefficient software license tracking has led to unnecessary costs and missed savings opportunities. The SAMOSA Act will require agencies to assess current software management practices, address restrictive licensing terms, and adopt enterprise agreements to enhance efficiency and reduce costs.

By increasing transparency and accountability, this legislation will modernize government operations, boost security, and ensure taxpayer dollars are spent more effectively. Read the full letter below to learn more about why SIIA supports this critical reform.

Full Letter Here
NEW Policy Blog Templates - 2025-03-27T124749.379

SIIA and Coalition Oppose AB 1355’s Unnecessary Location Data Restrictions

by Policy

The California Chamber of Commerce and a coalition of businesses, including SIIA, oppose AB 1355 (Ward) due to its unnecessary and conflicting restrictions on location data collection. The California Consumer Privacy Act (CCPA) already provides strong, industry-neutral protections for Californians’ personal information, including location data, and was further strengthened by voters in 2020. Despite this, AB 1355 introduces duplicative regulations that would create compliance burdens and legal uncertainty without adding meaningful privacy protections.

The bill would significantly limit businesses’ ability to collect and use location data, require extensive consumer notices, impose new liability risks, and grant broad enforcement powers to regulators. These provisions could undermine existing privacy frameworks, disrupt essential services, and create confusion for businesses and consumers alike. Read the full letter to learn more about the concerns surrounding AB 1355.

Full Letter Here