Sec. 2. Requirement of the Bureau of Consumer Financial Protection to obtain permission before collecting nonpublic personal information
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Section 1022(c)(9)(A) of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5512(c)(9)(A) ) is amended— by striking may not obtain from a covered person or service provider and inserting may not request, obtain, access, collect, use, retain, or disclose ; by striking personally identifiable financial and inserting nonpublic personal ; and by striking from the financial records and all that follows through the period at the end and inserting unless— the Bureau clearly and conspicuously discloses to the consumer, in writing or in an electronic form, what information will be requested, obtained, accessed, collected, used, retained, or disclosed; and before such information is requested, obtained, accessed, collected, used, retained, or disclosed, the consumer informs the Bureau that such information may be requested, obtained, accessed, collected, used, retained, or disclosed. .
Section 1022(c)(9)(B) of such Act ( 12 U.S.C. 5512(c)(9)(B) ) is amended to read as follows: Subparagraph
(A)shall apply to any person directed or engaged by the Bureau to collect information to the extent such information is being collected on behalf of the Bureau. . Section 1022(c)(9) of such Act ( 12 U.S.C. 5512(c)(9) ) is amended by adding at the end the following: In this paragraph, the term nonpublic personal information has the meaning given the term in section 509 of the Gramm-Leach-Bliley Act ( 15 U.S.C. 6809 ). .
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Sec. 2
Requirement of the Bureau of Consumer Financial Protection to obtain permission before collecting nonpublic personal information
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