Although providers of online financial services and others are taking steps to comply with new privacy laws, confusion over the Gramm-Leach-Bliley Act extends to companies affected by the legislation and to the government agencies enforcing it. Meanwhile, privacy advocates say . . .
Although providers of online financial services and others are taking steps to comply with new privacy laws, confusion over the Gramm-Leach-Bliley Act extends to companies affected by the legislation and to the government agencies enforcing it. Meanwhile, privacy advocates say the law, also known as the Financial Services Modernization Act of 1999, is actually a threat to privacy because companies will now be more likely than ever to share information about consumers.

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