Bank of America shares your personal financial data with outside financial companies for joint marketing programs and you have no right to stop this.
Your personal financial information will be shared with unspecified nonaffiliated financial companies under joint marketing agreements, and this cannot be prevented even by consumers who have exercised other opt-out rights.
Cross-platform context
See how other platforms handle Joint Marketing with Nonaffiliated Financial Companies and similar clauses.
Compare across platforms →Even if you opt out of other nonaffiliate marketing sharing, Bank of America retains the right to share your data with financial company partners under joint marketing arrangements without your consent.
REGULATORY FRAMEWORK: The joint marketing exception is codified at GLBA 15 U.S.C. §6802(b)(2) and implemented in 12 CFR Part 1016.13. To qualify, the joint marketing agreement must be in writing, the nonaffiliated party must be a financial institution, and use of consumer data must be limited to the joint marketing purpose. FTC Act Section 5 prohibits using the joint marketing exception for disguised data sales. CCPA §1798.140(ah)(2) may classify joint marketing sharing as 'sharing' subject to opt-out rights for California residents.
Compliance intelligence locked
Regulatory citations, enforcement risk, and due diligence action items.
Watcher: regulatory citations. Professional: full compliance memo.