What is required for a licensee to provide revised privacy notices?

The requirement for a licensee to provide revised privacy notices includes both a clear and conspicuous revised notice and a new opt-out notice to ensure that individuals are fully informed about changes to how their personal information is handled. A clear and conspicuous revised notice means that the information must be presented in a way that is easily noticeable and understandable by consumers. This is crucial in maintaining transparency regarding privacy practices.

The inclusion of a new opt-out notice allows individuals to have control over their personal data by opting out of certain practices or uses of their information after the revisions have been made. This dual requirement serves to protect consumer rights and ensure compliance with privacy regulations, facilitating informed decision-making regarding the handling of their personal information.