It means a direction by the consumer that the financial institution not discloses nonpublic personal information about the consumer to a non-affiliated third party, except as permitted by the regulation. What is it?

Question

Quizplus · Accepted Answer

The given definition is describing the opt-out provision, which allows a consumer to instruct the financial institution to not disclose their nonpublic personal information to a non-affiliated third party. Re-disclosure and non-affiliated are not relevant to the given information.

It Means a Direction by the Consumer That the Financial