1. Use limitations: Setting boundaries on how genetic data can be used, shared, or sold, particularly in the event of company restructuring or bankruptcy.
2. Transparency requirements: Mandating clear communication about data uses, security measures, and potential risks.
3. Enforcement mechanisms: Creating robust penalties for violations and mechanisms for individuals to seek redress.

Such legislation would not only protect consumers but also provide a stable regulatory environment in which ethical companies can innovate and thrive.