Which gramm-leach-bliley act rule requires federal bank regulatory agencies, the sec, and the ftc to issue security standards for the institutions that they regulate?

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Social Studies

Layne Cline

9 June, 16:25

Which gramm-leach-bliley act rule requires federal bank regulatory agencies, the sec, and the ftc to issue security standards for the institutions that they regulate?

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Victor Francis · Answer 1

The answer is SafeguardsRule. The Gramm-Leach-Bliley Act likewise is known as the Financial Modernization Act of 1999, is a government law established in the United States to control the ways that budgetary organizations manage the private data of people. Under the Safeguards Rule, money related foundations must ensure the shopper data they gather. Learn if your business is a "money related foundation" under the Rule.