Which Law Controls How Financial Institutions Handle Customer Information,ultimately Providing

question 66

Multiple Choice

Which law controls how financial institutions handle customer information,ultimately providing greater privacy protections to financial institution customers?

• A)The Gramm-Leach-Bliley Act
• B)The Gorham-Bell Act
• C)The Customer Privacy Protection Act
• D)The Gramm-Rudman-Hollings Act
• E)The Knight-Beecher Act

---

Definitions:

Value Range

The spread between the highest and lowest values of a financial asset, indicating its volatility and potential for profit or loss.

Certainty Approach Method

A technique used in decision-making that involves evaluating the outcomes of decisions assuming that no uncertainty exists in the operational environment.

Annual Cash flows

The total amount of money being transferred in and out of a business over the course of a year.

Expected NPV

The anticipated net present value of an investment, considering various future scenarios and their probabilities.