Right to Financial Privacy Act - Gramm-Leach-Bliley Act - Title V
In this course, we’ll take an in-depth look at the Gramm-Leach-Bliley Act (GLBA). We’ll discuss the history of the GLBA and how it came to be. We’ll also focus specifically on Title V of the Act, which governs the treatment of nonpublic personal information about consumers by financial institutions. This act provides three types of privacy protection, which we’ll discuss here. We’ll also cover who it’s designed to protect and how it impacts financial institutions. Lastly, we’ll talk about exceptions to the law, and penalties for non-compliance.
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