WASHINGTON (5/29/14)--The Consumer Financial Protection Bureau has extended the comment period to July 14 for the amendment to the annual privacy notice requirement set forth in subpart A of Regulation P of the Gramm-Leach-Bliley Act (GLBA). The CFPB published the proposal in the May 13 edition of the Federal Register.
The proposed amendment would allow financial institutions that do not engage in certain types of information sharing activities to stop mailing an annual disclosure if they meet the following conditions:
The deadline originally was June 12. Use the resource link below for the full proposal.