Written by Amy Malone One of the most common forms of elder abuse is financial exploitation. Older adults often have valuable assets and vulnerabilities, such as mental or physical disabilities, that make them prime targets by both strangers and family members. Banks and other “financial institutions” as defined under the Gramm-Leach-Bliley Act (GLBA) may be… Continue Reading
Tag Archives: Gramm-Leach-Bliley
Federal Regulators Release Model Consumer Privacy Notice Online Form Builder
Posted in LegislationLast year, the eight federal regulators that regulate the financial services industry issued a “simplified” model privacy notice that was published in the Federal Register on December 1, 2009. Today, the regulators released an “Online Form Builder” to guide a covered institution to select the version of the model form that fits its practices, such… Continue Reading
