Financial Information Protection Act of 1999

Summary

Financial Information Protection Act of 1999 - Directs the Federal financial regulatory authorities (banking regulatory agencies and the Securities and Exchange Commission (SEC)) jointly to issue final rules to protect the privacy of confidential information relating to customers of persons under their respective jurisdictions (covered persons). Mandates that such rules: (1) prohibit a covered person from disclosing or sharing confidential customer information with any affiliate or agent unless the customer has provided written or electronic consent; (2) require the covered person to disclose to the customer the specific type of information disclosed or shared, under what circumstances, to what specific types of businesses, and for what types of purposes; and (3) require customer access to information that could be disclosed so that it may be reviewed for accuracy and supplementation. Cites circumstances under which such information may be released.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 9 June 1999

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 9 June 1999

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 9 June 1999

  Open at official source

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