Gramm Leach Bliley (GLB)

The Gramm Leach Bliley Act (GLB), also known as the Financial Modernization Act of 1999 is a federal law that forces a financial institution to respect the privacy of its customers and to protect the security and confidentiality of those customers non-public personal information. The law provides for stiff penalties for companies found to be in violation of its regulations.  For more information, please visit the Federal Trade Commission website