No Financial Institution Can Disclose Nonpublic Personal Information About a Consumer

question 7

True/False

No financial institution can disclose nonpublic personal information about a consumer to an unaffiliated third party under any circumstances.

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Definitions:

Career Counseling

Involves interaction between an individual employee or manager in the organization and either a line manager or an HR manager.

Pay Survey

An investigation or analysis of wage rates within a specific industry, organization, or region for the purpose of evaluating compensation policies.

360-degree Appraisal

A feedback system where employees receive confidential, anonymous feedback from the people who work around them.

Forced-distribution Method

A performance appraisal system where employees are ranked in groups and predetermined percentages of employees are placed in various performance categories.