; and (II) the operator has constructive knowledge that the minor is a minor; or (ii) the website, online service, online application, or mobile application is directed to minors. (B) Exception Subparagraph (A) shall not apply to an operator that has adopted and complies with a Digital Marketing Bill of Rights for Minors that is consistent with the Fair Information Practices Principles described in section 4. (2) Effective date This subsection shall take effect on the date that is 180 days after the promulgation of regulations under subsection (b). (b) Regulations (1) In general Not later than 1 year after the date of enactment of this Act, the Commission shall promulgate, under section 553 of title 5, United States Code, regulations to implement this section, including regulations further defining the Fair Information Practices Principles described in section 4. (2) Updates Not less frequently than once every 4 years after the date on which regulations are promulgated under paragraph (1), the Commission shall update those regulations as necessary. 6. Targeted marketing to children or minors (a) Acts prohibited (1) Children It shall be unlawful for an operator of a website, online service, online application, or mobile application to use, disclose to third parties, or compile personal information of a child for purposes of targeted marketing if— (A) (i) the child is a user of the website, online service, online application, or mobile application; and (ii) the operator has constructive knowledge that the child is a child; or (B) the website, online service, online application, or mobile application is directed to a child. (2) Minors (A) Prohibition Except as provided in subparagraph (B), it shall be unlawful for an operator of a website, online service, online application, or mobile application to use, disclose to third parties, or compile personal information of a minor for purposes of targeted marketing if— (i) (I) the minor is a user of the website, online service, online application, or mobile application