It is the purpose of the Department of Economic Development to comply fully with the provisions of the Personal Privacy Protection Law; to maintain only in its records the personal information relevant and necessary to accomplish a purpose or duty of the department; to insure that records which pertain to an individual are accurate, relevant, timely and complete; and to assure that rights of the individual and of the public pursuant to the law are preserved and protected.
N.Y. Comp. Codes R. & Regs. Tit. 5 § 2.1