I have always pushed for a consolidation of companies in what they call themselves.

You can sue a company that is a financial institution, only to find that they are a credit facility, and if you sue based on that, they are not that either.

If companies handle, offer credit, or charges an interest based on loans, or is a credit or finance broker, or cuts leases on items, then they need to be part of the larger picture and be required to follow the same regulations as a bank.

How will this change my requirements? It won't. I still will do 18 months and then send it to the archive. If there are companies that have shoddy storage practices, they deserve what they get.