The Broker-Dealer Privacy Policy Statement serves as an important part of a broker-dealer’s compliance program for implementing notice requirements and restrictions on its ability to disclose nonpublic personal information about consumers in accordance with Regulation S-P.  The SEC adopted Regulation S-P privacy rules under section 504 of the Gramm-Leach-Bliley Act (Act). Under the Act, a financial institution must provide its customers with a notice of its privacy policies and practices and must not disclose nonpublic personal information about a consumer to nonaffiliated third parties unless the institution provides certain information to the consumer and the consumer has not elected to opt out of the disclosure.  Members also viewed Investment Adviser Privacy Policy Statement Notification.

Version/Update: V.3/September 2, 2019

Total Page Count/Format: 1/.docx

Source/Author(s): Connexien