On July 1, the CFPB proposed an amendment to the Gramm-Leach-Bliley Act
("GLBA") that would allow financial institutions that met
certain requirements to be exempt from sending annual privacy
notices to customers as currently required under the GLBA. The CFPB
also proposed the establishment of deadlines for institutions
resuming annual privacy notices if their practices change and cease
to qualify for exemption.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.
