Market regulation · 30/12/2003

Federal Agencies Seek Comments on Alternative Privacy Notice Options Under Gramm-Leach-Bliley Act

The Office of the Comptroller of the Currency, Office of Thrift Supervision, Federal Reserve Board, Federal Deposit Insurance Corporation, National Credit Union Administration, Federal Trade Commission, Commodity Futures Trading Commission, and Securities and Exchange Commission are asking for public input on whether they should revise regulations related to the Gramm-Leach-Bliley Act to enable financial institutions to provide simpler privacy notices that consumers can more easily comprehend.