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andre [41]
3 years ago
13

What does the Gramm-Leach-Bliley Act do?

History
2 answers:
Sergio [31]3 years ago
4 0
The Gramm-Leach-Bliley Act requires financial institutions – companies that offer consumers financial products or services like loans, financial or investment advice, or insurance – to explain their information-sharing practices to their customers and to safeguard sensitive data.
abruzzese [7]3 years ago
4 0

Answer:

Hello!

It is an act that requires companies that sell consumer goods to explain their info sharing policy to consumers of their product and safeguard their data.

Explanation:

The Gramm-Leach-Bliley Act requires financial institutions – companies that offer consumers financial products or services like loans, financial or investment advice, or insurance – to explain their information-sharing practices to their customers and to safeguard sensitive data.

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