What are banks required to do under the Gramm-Leach-Bliley Act (GLBA)?

What are banks required to do under the Gramm-Leach-Bliley Act (GLBA)?
A . Conduct annual consumer surveys regarding satisfaction with user preferences
B . Process requests for changes to user preferences within a designated time frame
C . Provide consumers with the opportunity to opt out of receiving telemarketing phone calls
D . Offer an Opt-Out before transferring PI to an unaffiliated third party for the latter’s own use

View Answer

Answer: D

Explanation:

Reference: https://www.investopedia.com/terms/g/glba.asp