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Code · BILL · 118th Congress · H.R. 1165 (Reported in House) — To amend the Gramm-Leach-Bliley Act to modernize the protection of the nonpublic personal information of individuals... · Sec. 11

Sec. 11. GAO report

122 words·~1 min read·/bill/118/hr/1165/rh/section-11·

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The Comptroller General of the United States shall, not later than 1 year after the date of the enactment of this Act, submit to the Congress a report that assesses— whether the safeguard standards promulgated pursuant to section 501 of the Gramm-Leach-Bliley Act, including protecting against unauthorized disclosure, are effective in protecting individuals with whom financial institutions have a customer or consumer relationship; and whether the enforcement regime with respect to those standards are effective in protecting customers and consumers, and whether additional remedies are necessary.
In this section, the terms customer or consumer relationship and financial institution have the meaning given those terms, respectively, under section 509 of the Gramm-Leach-Bliley Act ( 15 U.S.C. 6809 ), as amended by section 9.
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