Which of the Following Is a True Statement Regarding the Gramm-Leach-Bliley

question 8

Multiple Choice

Which of the following is a true statement regarding The Gramm-Leach-Bliley Act?

• A)The act gives financial institutions the right to share personal information for a profit.
• B)The act expressly requires financial institutions to protect against identity theft.
• C)The act allows financial institutions to share personal information, as long as it is not for a profit.
• D)The act protects confidentiality of customer information.