Hunton & Williams writes:
On July 31, 2017, the Federal Trade Commission announced that it has approved modifications to TRUSTe’s safe harbor program under the Children’s Online Privacy Protection Rule (the “COPPA Rule”).
The COPPA Rule incorporates a “safe harbor” provision that allows companies and industry groups to seek the FTC’s approval for self-regulatory frameworks that implement “the same or greater protections for children” as those set forth in the COPPA Rule. If a company participates in a self-regulatory framework, it will largely be subject to the enforcement procedures in the safe harbor instead of the FTC investigation and enforcement procedures.
Read more on Privacy & Information Security Law Blog.