The Graham-Leach-Bliley Act was passed in 2002 to prohibit any person from _________ financial information by making false statements to a financial institution.

Question

Quizplus · Accepted Answer

The Graham-Leach-Bliley Act (GLBA) deals with the privacy of financial information. The act prohibits any person from obtaining financial information by making false statements to a financial institution. This means that it is illegal for an individual to lie or provide false information to obtain access to someone else's financial records. The other options (A, B, and D) are not directly related to the GLBA or the act's provisions on false statements.

The Graham-Leach-Bliley Act Was Passed in 2002 to Prohibit Any