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Gramm-Leach-Bliley Act and Document Destruction
The Gramm-Leach-Bliley Act’s privacy protections regulate financial institutions--businesses that are engaged in banking, insuring, financial advice and investing.
Penalties
Civil penalties include fines up to $100,000 for each violation. Criminal penalties may include up to five years in prison.
Read more about the Gramm-Leach-Bliley Act
1. Thomas
Legislative information on the Internet provided by the Library of Congress.
2. The Federal Trade Commission
The Federal Trade Commission’s web site is educating consumers and businesses about the importance of personal information privacy, including the security of personal information. Has a section dedicated to the Gramm-Leach-Bliley Act.
3. Electronic Privacy Information center
(EPIC) is a public interest research center in Washington, D.C. The Web site has a section dedicated to the Gramm-Leach-Bliley Act.
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