The Gramm-Leach-Bliley Act prohibits:
A) telemarketers from selling information to corporations.
B) the use of false pretenses to access the personal information of others.
C) the public from accessing the criminal database of the FBI.
D) customers to opt out of information sharing.

Question

Quizplus · Accepted Answer

The Gramm-Leach-Bliley Act prohibits the use of false pretenses to access the personal information of others. It also requires financial institutions to provide privacy notices to customers and allows customers to opt out of information sharing. However, it does not prohibit telemarketers from selling information to corporations, nor does it limit public access to the criminal database of the FBI.

The Gramm-Leach-Bliley Act Prohibits