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Re: Gramm-Leach-Biley Act Privacy Rule, 1 6 Cfr Part 3 13-Comment

By Waesche, Kathleen

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Book Id: WPLBN0000130736
Format Type: PDF eBook
File Size: 0.2 MB
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Title: Re: Gramm-Leach-Biley Act Privacy Rule, 1 6 Cfr Part 3 13-Comment  
Author: Waesche, Kathleen
Volume:
Language: English
Subject: Trade, Import and export controls, Federal Trade Commission (U.S.)
Collections: Economics Publications Collection, Federal Trade Commission
Historic
Publication Date:
Publisher: Government Printing Office

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Waesche, K. (n.d.). Re: Gramm-Leach-Biley Act Privacy Rule, 1 6 Cfr Part 3 13-Comment. Retrieved from http://hawaiilibrary.net/


Description
Government Reference Publication

Excerpt
Ladies and Gentlemen: I am writing to express my concern with the proposed regulations to implement Title V of the Gramm-Leach-Bliley Act of 1 999. I am submitting these comments on behalf of the Professional Private Investigators Association of Colorado, a state organization representing approximately 100 private investigators in Colorado. We stand to lose a valuable tool if non-public personal information is defined to include simple names and addresses of customers of financial institutions. Nothing in the consideration of privacy during congressional debate reflected concern about name and address information. Rather, the clear intent of Congress was to provide an opportunity for customers of financial institutions to opt-out of sharing their personal financial information with non-affiliates of the institutions. The statute provides protection for financial information -- not mere names and addresses. Indeed, if all information available to a financial institution is defined as non-public personal information then what is public? Clearly, Congress was offering a distinction by describing financial information. We would agree, that the Act provides opt-out of information regarding credit history, employment and financial assets. By what standard are name, address and phone number non-public?...

 

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