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Gramm-Leach-Bliley Act |
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Gramm-Leach-Bliley Act Contains privacy provisions regarding consumers' financial information.Financial institutions are required to provide information to their customers regarding information-gathering and information-sharing practices.Consumers may opt out if they do not want their information shared with nonaffiliated third parties. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Insurers can move ahead of banks and brokers in online selling by offering other financial products as allowed by the Financial Services Modernization Act of 1999. The privacy provisions of the 1999 Financial Services Modernization Act apply to financial institutions and their treatment of nonpublic personal information. These institutions have until July 1, 2001 to fully comply with the Financial Services Modernization Act. |
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