15 U.S.C. §§ 6801-6809

Gramm-Leach-Bliley Act

Statute — United States Federal
Effective: November 12, 1999 53 platforms tracked 2987 provisions indexed Enforced by: Federal Trade Commission (FTC), Consumer Financial Protection Bureau (CFPB), Federal Banking Regulators (OCC, FDIC, Federal Reserve) Last reviewed May 9, 2026

Overview

The Gramm-Leach-Bliley Act requires financial institutions to explain their information-sharing practices to customers and to safeguard sensitive data. The Act has three principal components relevant to platform governance: the Financial Privacy Rule, the Safeguards Rule, and pretexting protections.

The Financial Privacy Rule requires financial institutions to provide customers with privacy notices explaining what information is collected, where it is shared, how it is used, and how it is protected. Customers must receive these notices when they first establish a relationship and annually thereafter.

The Safeguards Rule, updated significantly by the FTC in 2023, requires financial institutions to develop, implement, and maintain a comprehensive information security program including risk assessments, access controls, encryption, multi-factor authentication, and incident response plans.

Penalties

Criminal penalties for pretexting: fines up to $100,000 for individuals, $500,000 for institutions, and up to 5 years imprisonment.

Key Articles & Sections

Platforms We Track Subject to GLBA

Recent Changes Related to GLBA

ConductAtlas maps governance language to potentially relevant regulatory frameworks. Regulatory applicability and enforceability may vary by jurisdiction, enforcement context, and individual circumstances. This page is informational and does not constitute legal advice. Methodology

Provisions Governed by GLBA (2987 across 53 platforms)

Acorns collects information from other companies Acorns
Medium
Personal data shared with third parties upon user instruction Acorns
Medium
Session replay data not shared with third parties Acorns
Medium
New customer sharing begins after 30 days Acorns
Medium
Aggregated or deidentified data disclosed to third parties Acorns
Medium
Affiliate brand partners receive purchase data for rewards crediting Acorns
Medium
California residents information not shared beyond state law Acorns
Medium
Session replay sensitive information automatically masked Acorns
Medium
Personal information used to send direct marketing communications Acorns
Medium
Customer right to limit affiliate marketing sharing Acorns
Medium
Sensitive personal information not used to infer characteristics Acorns
Medium
Promotional programs use personal information Acorns
Medium
Data retention determined by legal and business necessity Acorns
Medium
Early gifting shares name and transfer details with recipient Acorns
Medium
Affiliates share transaction and experience information Acorns
Medium
Federal law limits consumer sharing rights Acorns
Medium
Acorns does not sell personal information under CCPA Acorns
Medium
User Warrants Authority To Share Client Information Acorns
Medium
Vermont residents information sharing restricted to law or authorization Acorns
Medium
California opt-out applies only to submitting browser and device Acorns
Medium
Personal information used for service delivery purposes Acorns
Medium
Service providers contractually bound on personal information handling Acorns
Medium
Acorns shares for own marketing purposes Acorns
Medium
Sensitive personal information not used for CCPA-limitable purposes Acorns
Medium
Sensitive personal information processed only as described in policy Acorns
Medium
Third-party sign-in data used solely for account management Acorns
Medium
Affiliates marketing to you can be limited Acorns
Medium
Personal information used for compliance and fraud prevention Acorns
Medium
Personal information shared with corporate affiliates Acorns
Medium
User right to access copy of personal information Acorns
Medium

Showing 30 of 2987 provisions. View all →

Related Regulations

Official Source

View official regulation text →

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Frequently Asked Questions

What does GLBA require?

Which platforms does GLBA apply to?

ConductAtlas tracks GLBA-relevant provisions across 53 platforms. Each platform's specific provisions are classified by severity and mapped to GLBA requirements.

How does ConductAtlas monitor GLBA compliance?

ConductAtlas captures policy documents daily, classifies provisions by regulatory framework, and flags changes that affect GLBA obligations. Every change is archived with cryptographic verification.