Provides for the accessibility of consumer financial data; prohibits fees for the transfer of such data to authorized parties.

This bill, the "New York Financial Data Rights Act," would grant New York consumers and small businesses the right to access and transfer their financial data from financial institutions. Financial institutions would be required to provide this data in a secure, electronic format without charging fees, and would need to maintain systems for data requests. The act also outlines obligations for authorized representatives who access this data on behalf of consumers or businesses, including obtaining consent and maintaining security standards.

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