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Complete the sentence:
The Gramm-Leach-Bliley Act (GLBA) of US regulates the privacy practices adopted by financial institutions, requiring them to provide adequate security of the customer records. It lays various obligations on the financial institutions but allows such financial institutions to share the non-public information of customers (after properly notifying their consumers in a manner mentioned in the Act) with
Suggested Answer: A
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12 comments · newest first
DE
Deandrea
3 days ago
Wait, they can share without explicit consent? That's surprising!
MA
Magnolia
8 days ago
I think it's option C, right?
PE
Pearly
13 days ago
GLBA allows sharing with affiliates after notifying consumers.
JU
Justa
18 days ago
Not sure about this, seems too lenient on data sharing.
RO
Rosio
23 days ago
Totally agree with C, makes the most sense!
CA
Casey
29 days ago
Wait, they can share without explicit consent? That's surprising!
GI
Gilbert
1 month ago
I think it's option C, right?
MA
Macy
1 month ago
GLBA allows sharing with affiliates after notifying consumers.
CH
Cherelle
1 month ago
I believe the GLBA allows sharing with affiliates after notifying consumers, which makes me lean towards option C, but I could be mixing it up with another regulation.
AL
Alida
2 months ago
I have a vague recollection that financial institutions can share info without explicit consent, but I can't remember if that applies to all cases or just certain ones.
SU
Sueann
2 months ago
I think I practiced a similar question where it mentioned the need for privacy notices. I feel like option C might be the right choice here.
CO
Corinne
2 months ago
I remember studying the GLBA and its requirements, but I'm not entirely sure about the specifics of sharing information with affiliates.