Which law controls how financial institutions handle customer information,ultimately providing greater privacy protections to financial institution customers?

A) The Gramm-Leach-Bliley Act
B) The Gorham-Bell Act
C) The Customer Privacy Protection Act
D) The Gramm-Rudman-Hollings Act
E) The Knight-Beecher Act

Gramm-Leach-Bliley Act

A U.S. federal law that requires financial institutions to explain how they share and protect their customers' private information, aiming to safeguard consumer financial privacy.

Privacy Protections

Regulations and practices designed to safeguard individuals' personal information from unauthorized access and misuse.