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:
“You may well ask how I expect to assert my privacy by resorting to the outrageous publicity of being one’s actual self on paper. There’s a possibility of it working if one chooses the terms, to wit: outshouting image-gimmick America through a quietly desperate search for self.”
—Kate Millett (b. 1934)
“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)