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CLIENT ALERT SEPTEMBER 2005NEW CALIFORNIA LAW PROTECTS CONFIDENTIALITY OF CERTAIN FUND INFORMATION On September 22, 2005, the Governor of California signed into law SB 439 (the “Act “), which
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The new California law protects personal data and privacy rights of individuals.
Any organization that collects personal information of California residents is required to comply with the new California law.
Organizations must ensure they have proper data protection measures in place and provide individuals with access to their personal data.
The purpose of the new California law is to give individuals more control over their personal information and ensure organizations handle data responsibly.
Organizations must report any personal information collected, stored, and shared with third parties.
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