Gramm-Leach-Bliley Act

Subscribe to Gramm-Leach-Bliley Act via RSS

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…

Whenever you open a new bank account, credit card or debit card account or other account such as a health savings account, the bank or credit card company is required to send you a notice of your privacy practices under the Gramm-Leach-Bliley Act.

The notice is usually a separate page in a package that is…