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29 February, 23:08

Stanley and Steinhardt accuse the Gramm-Leach-Bliley Act of hindering what type of privacy for Americans?

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  1. 1 March, 01:18
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    Financial privacy

    Explanation:

    Stanley and Steinhardt allege that the Gramm-Leach-Bliley Act did the opposite of what it intended to, protect Americans' financial privacy, by authenticating the consummation of financial information by financial companies.

    The Safeguards Rule of the Gramm-Leach-Bliley Act requires financial institutions to develop and maintain a security plan to protect the confidentiality and integrity of personal information. According to Stanley and steinhardts the Act did the opposite, that is, hindering Americans financial privacy
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