Tag Archives: GLBA

Amended California Privacy Law Sent to Governor for Signature

We have previously reported on the anticipated impact of the new California Privacy Law—the California Consumer Privacy Act (“the Act”) [view related post]. The first amendment to the Act, (most likely be the first of many amendments) recently obtained approval from state lawmakers and is on its way to Governor Jerry Brown for signature. The … Continue Reading

Privacy Tip #151 – Can Banks Give or Sell My Information to Facebook or Other Social Media Platforms?

Many readers questioned me about the Wall Street Journal article this week entitled, “Facebook to Banks: Give Us Your Data, We’ll Give you Our Users.” The questions and comments ranged from “Can they really do this?” to “This is outrageous!” Without getting into a legal analysis, there are laws that banks have to follow when … Continue Reading

FAST Act loosens financial institutions’ privacy policy notice requirements

In addition to providing long-term funding for highway infrastructure improvements and other transportation projects, the newly enacted Fixing America’s Surface Transportation Act (FAST Act) seeks to reduce consumer confusion by eliminating annual privacy notice requirements for financial institutions in some circumstances. The Gramm-Leach-Bliley Act (GLBA) requires financial institutions to provide consumers with notice of the … Continue Reading
LexBlog