Legal Definitions from Termly’s Legal Experts

Gramm-Leach Bliley Act

Gramm-Leach Bliley Act definition (noun)

The Gramm-Leach Bliley Act (GLBA) is a law that governs how financial institutions maintain and share personal information.

The law requires companies to disclose to customers how their private information is used and secured, and gives customers the right to opt out of having their data shared with third parties.

Appears in: Privacy Policies and Terms and Conditions

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Legal Definitions from Termly’s Legal Experts

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Raffaele, Head of Marketing & Partnerships @ Termly

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