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Author Question: How is the Gramm-Leach-Bliley Act enforced? What will be an ideal ... (Read 47 times)

K@

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on: Aug 3, 2018
How is the Gramm-Leach-Bliley Act enforced?
 
  What will be an ideal response?

Question 2

An offer can specify how long it will remain in effect.
 
  Indicate whether the statement is true or false


covalentbond

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Reply #1 on: Aug 3, 2018
Answer to Question 1

The Gramm-Leach-Bliley Act does not provide a private right of action, and therefore individuals cannot file lawsuits for GLBA violations. Rather, the Federal Trade Commission (FTC) is main federal agency responsible for enforcing the GLBA and educating the public.

Answer to Question 2

TRUE


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