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A file reviewer prepares a privacy-notice response for customer information sharing. Which GLBA action should control?

Correct Answer

B) Limit reuse and redisclosure of consumer financial information

Nonpublic personal information must be handled under GLBA privacy limits and notices. The best answer is "Limit reuse and redisclosure of consumer financial information".

Answer Options
A
Use an internal exception instead of the required federal disclosure or timing rule.
B
Limit reuse and redisclosure of consumer financial information
C
Apply the reverse-mortgage occupancy timing rule even though the file is testing GLBA Privacy Requirements.
D
Rely on oral agreement when the rule requires documented compliance.

Why This Is the Correct Answer

Nonpublic personal information must be handled under GLBA privacy limits and notices. The best answer is "Limit reuse and redisclosure of consumer financial information".

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