KEY POINTS
  • Apple Chief Executive Tim Cook said the U.S. Federal Trade Commission should form what he called a "data-broker clearinghouse."
  • He says he and others are calling on U.S. Congress to pass "comprehensive federal privacy legislation."
  • Cook has been increasingly calling for new U.S. regulations to help boost user privacy and data protection.
Apple CEO Tim Cook speaks at the Anti-Defamation League's "Never is Now" summit in New York City, December 3, 2018

Apple Chief Executive Tim Cook said the U.S. Federal Trade Commission (FTC) should implement a new framework that increases transparency around companies that handle user data and lets people track and delete information on them "on demand."

Cook, in a Time magazine op-ed published Wednesday, said the FTC should form what he called a "data-broker clearinghouse," evoking the image of a financial clearing house used for the exchange of payments, securities and other transactions in markets.