Regulations library · US federal
GLBA
Gramm-Leach-Bliley Act and the FTC Safeguards Rule
In force US federal financial security
Privacy notices and opt-outs for sharing customer financial information, and an information security program with specific safeguards under the Safeguards Rule.
At a glance
- Who it applies to
- Financial institutions, broadly defined, including many non-bank lenders, tax preparers and fintechs.
- Who enforces it
- FTC, CFPB and federal banking regulators
- When
- In effect since 12 November 1999. The amended FTC Safeguards Rule took full effect on 9 June 2023.
A practical guide to this law, with scenarios and flashcards, is being written. The summary above is the reference entry.
Recent developments
Nothing reported yet. Regulatory Watch lists new rules, enforcement and court decisions as they arrive.
Sources
Primary sources are being added to this entry.
Dates and status are from the association's inventory and are being checked against primary sources. This page explains the law for practitioners; it is not legal advice.