ZDNet reports Facebook’s Privacy and Public Policy Director Steve Satterfield spoke about the company’s approach to privacy, saying it is open to regulation. Satterfield advocated for consistent privacy regulation globally, adding it is “hard to build global services to accommodate the laws of individual cases.” He said privacy is “built-in” to Facebook products and the company is investing in privacy from the executive level. He also said claims Facebook sells data to advertisers or other third parties are “just false.”