Privacy
Further information: Right to Financial Privacy ActRegulation P governs the use of a customer's private data. Banks and other financial institutions must inform a consumer of their policy regarding personal information, and must provide an "opt-out" before disclosing data to a non-affiliated third party. The regulation was enacted in 1999.
Read more about this topic: Bank Regulation In The United States
Famous quotes containing the word privacy:
“Any moral philosophy is exceedingly rare. This of Menu addresses our privacy more than most. It is a more private and familiar, and at the same time, a more public and universal word, than is spoken in parlor or pulpit nowadays.”
—Henry David Thoreau (1817–1862)
“The privacy of reading frees us to entertain the alien.”
—Mason Cooley (b. 1927)
“Isn’t privacy about keeping taboos in their place?”
—Kate Millet (b. 1934)