H.R. 1967 · 110th Congress

Financial Privacy Notice Relief Act of 2007

Stage
In committee
Introduced
2007-04-19
Latest action
2007-04-19 · Introduced in House

Summary

Financial Privacy Notice Relief Act of 2007 - Amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements; (2) does not share information with affiliates under the Fair Credit Reporting Act; and (3) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers.