On the
Official Gox / CoinLab Integration and Transition FAQ thread, Mark (MagicalTux) said:
Hang on a second. Where in the MtGox TOS does it say MtGox has the authority to sell sensitive identity information to third parties without the express written permission of the account holder. Last time I checked with wasn't a merger. I gave my identity documents to MtGox not Coinlabs.
Did it even occur to you that you have right to that information? I guess not. Client's identities are just something to be bought and sold to the highest bidder. When you grow tired of playing Bitcoins I am sure you will sell off financial and identity information to anyone who will throw a few dollars your way.
MtGox did not sell users identities, and acted in the best interest of its users to ensure CoinLab had no access to said data.
None of users private information will be shared with CoinLab until the user accepts CoinLab's ToS on the site. If you choose to never accept CoinLab's ToS, then your data will never be shared with CoinLab.
I assume this means that you'll log in and be presented with a question and an Accept / Do Not Accept choice.
I thought that would happen today, but...