What are banks required to do under the Gramm-Leach-Bliley Act (GLBA)?
Posted: Sun Nov 06, 2022 6:32 am
What are banks required to do under the Gramm-Leach-Bliley Act (GLBA)?
A. Conduct annual consumer surveys regarding satisfaction with user preferences
B. Process requests for changes to user preferences within a designated time frame
C. Provide consumers with the opportunity to opt out of receiving telemarketing phone calls
D. Offer an Opt-Out before transferring PI to an unaffiliated third party for the latter’s own use
A. Conduct annual consumer surveys regarding satisfaction with user preferences
B. Process requests for changes to user preferences within a designated time frame
C. Provide consumers with the opportunity to opt out of receiving telemarketing phone calls
D. Offer an Opt-Out before transferring PI to an unaffiliated third party for the latter’s own use