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)
“... privacy is ... connected to a politics of domination.”
—bell hooks (b. 1955)
“All violations of essential privacy are brutalizing.”
—Katharine Fullerton Gerould (1879–1944)