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Annual privacy notices eliminated under FAST Act
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Banking, Consumer Protection, Dodd-Frank Basics
Tuesday, December 29, 2015
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A change to the Gramm-Leach-Bliley Act that was signed into law by President Obama means financial institutions that are planning to send out annual privacy notices at the start of 2016 might not have to do so, according to what the Consumer Financial Protection Bureau told a credit union trade agency. Read on to learn more about the changes incorporated within the FAST Act.
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