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Gramm-Leach-Bliley Act
(redirected from Gramm-leach-bliley)

   Also found in: Wikipedia 0.01 sec.
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.



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Culprit or savior, the Gramm-Leach-Bliley Act is getting a lot of fresh debate for a law that was enacted 10 years ago.
Regulatory Relief Act of 2006 containing a provision that exempts CPAs from the Gramm-Leach-Bliley Act's annual privacy notification requirement.
The Gramm-Leach-Bliley Act requires financial service providers--including those providing federal or state personal tax returns, or financial planning--to inform their
 
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