Which of the following is a true statement regarding the Gramm-Leach-Bliley Act?
A) The act gives financial institutions the right to share personal information for a profit.
B) The act expressly requires financial institutions to protect against identity theft.
C) The act allows financial institutions to share personal information, as long as it is not for a profit.
D) The act protects confidentiality of customer information.

Question

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The Answer of Which of the following is a true statement regarding the Gramm-Leach-Bliley Act?
A) The act gives financial institutions the right to share personal information for a profit.
B) The act expressly requires financial institutions to protect against identity theft.
C) The act allows financial institutions to share personal information, as long as it is not for a profit.
D) The act protects confidentiality of customer information.

Which of the Following Is a True Statement Regarding the Gramm-Leach-Bliley