A bill to protect the privacy of potential borrowers in private debt deals, formally California Assembly Bill 386, died in a committee of the state Senate this spring, despite the support of the $459 billion California Public Employees’ Retirement System (CalPERS).
Will there be efforts to revive the bill? Megan White, a spokeswoman for CalPERS, said that CalPERS has not “decided on next steps yet,” but that beyond that “we don’t have comments.”
The legislation was drafted inContinue Reading Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
