Shelby regulatory relief bill would create GLBA annual privacy notice exception

Kim Phan In addition to the numerous mortgage-related provisions in Senator Shelby’s regulatory reform bill entitled the “Financial Regulatory Improvement Act of 2015,” the bill contains a provision directed at the annual financial privacy notice required by the Gramm-Leach-Bliley Act (GLBA), which is implemented by Regulation P.  In October 2014, a CFPB amendment to Regulation P became effective that... More >...(read more)

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