Oversight Hearing On Financial Privacy and the Gramm-Leach-Bliley Financial Services Modernization Act


ongress knew that the 1999 Gramm-Leach Bliley Financial Services Modernization Act (GLBA) - a law long-sought by the financial industry to encourage the creation of integrated financial services firms -- would exacerbate already-identified financial privacy threats. So  Congress incorporated Title V to protect financial privacy, which included the following five key provisions. The most important and most successful is the last: the fail-safe states' rights provision allowing states to enact stronger financial privacy laws.

Assembly Privacy Hearing: Online Data Brokers and Fair Information Practices


Assembly Privacy Hearing: Online Data Brokers and Fair Information Practices

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