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Model Privacy Notice Form : Final Rule
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Description:The FDIC and seven other federal agencies have released a final model privacy notice form that is designed to make it easier for consumers to understand how financial institutions collect and share their personal information. Under the Gramm-Leach-Bliley Act (GLBA), institutions must notify consumers of their information-sharing practices and inform consumers of the right to opt out of certain sharing practices. The model form can be used by financial institutions to comply with these requirements. Attached is the final rule on the final model privacy form.
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Release Date:11/17/2009
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Update Date:11/26/2018
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Withdrawn Date:12/01/2018
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC)Board of Governors of the Federal Reserve SystemCommodity Futures Trading CommissionFederal Trade CommissionNational Credit Union AdministrationOffice of the Comptroller of the Currency (OCC)Office of Thrift Supervision (OTS)U.S. Securities and Exchange Commission
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Fdic Employee Involved:Samuel FrumkinKimberly Stock
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Law Involved:Gramm-Leach-Bliley Act (GLBA)
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Related Regulation:12 C.F.R. Part 332
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Source:FDIC Website
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Memorandum To:FDIC-Supervised Institutions
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Effective Date:12/31/2009
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FIL Number:FIL-65-2009
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