The SEC subscribed to Airlines Reporting Corporation’s Travel Intelligence Program, which held over one billion ticket records. The data included passengers’ names, credit card numbers, departure and arrival cities, and flight numbers. The agency also had an alert system that flagged new bookings by monitored individuals, without requiring a court order. ARC, co-owned by Delta, United and American, sold this data until lawmaker pressure forced the program’s shutdown in 2025. Critics call this practice the data broker loophole.
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