Posted by: Pdfprep
Post Date: June 15, 2021
When may a financial institution share consumer information with non-affiliated third parties for marketing purposes?
A . After disclosing information-sharing practices to customers and after giving them an opportunity to opt in.
B . After disclosing marketing practices to customers and after giving them an opportunity to opt in.
C . After disclosing information-sharing practices to customers and after giving them an opportunity to opt out.
D . After disclosing marketing practices to customers and after giving them an opportunity to opt out.
Answer: C
Explanation:
Reference: https://www.ftc.gov/tips-advice/business-center/guidance/how-comply-privacy-consumer-financial-information-rule-gramm
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