Sec. 9. Definitions
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Section 509 of the Gramm-Leach-Bliley Act ( 15 U.S.C. 6809 ) is amended— in paragraph (3)(A), by inserting before the period at the end the following: and includes a data aggregator ; in paragraph (4), by striking personally identifiable financial information and inserting information that identifies, relates to, describes, is reasonably capable of being associated with, or could reasonably be linked, directly or indirectly, with a particular individual and is ; in paragraph (7), by inserting collection or before disclosure each place such term appears; by striking paragraph (9); by amending paragraph
(11)to read as follows: The term customer or consumer relationship means a customer relationship or a consumer relationship. The term customer relationship shall have the meaning given the term in rules issued pursuant to section 504. The term consumer relationship shall have the meaning given the term in rules issued pursuant to section 504 and such meaning shall— include situations in which a financial institution obtains nonpublic information from an individual with whom the financial institution does not have a customer relationship; and deem a financial institution to no longer to be in a consumer relationship with an individual at such time as the financial institution no longer collects, controls, possesses, transmits, or maintains any nonpublic personal information of such individual. When the terms customer relationship and consumer relationship are defined by rule, it shall be specified that the following transactions do not, by themselves, establish a consumer relationship or a consumer relationship: The use of an automated teller machine. The use of a credit card or debit card to make a purchase. Such other similar transactions as the agencies determine appropriate. ; and by adding at the end the following: The term account credentials means nonpublic personal information that an individual with whom a financial institution has a customer or consumer relationship uses to access an account of the individual at such financial institution, including a username, password, or an answer to a security question. The term data aggregator — means any person that operates a commercial business or enterprise for the business purpose of accessing, aggregating, collecting, selling, or sharing nonpublic personal information about financial accounts or transactions relating to an individual; and does not include— a service provider acting at the express instruction of a financial institution that accesses, aggregates, collects, or shares nonpublic personal information about an individual with whom such financial institution has a customer or consumer relationship in accordance with paragraphs (1), (2), (3)(A), (3)(B), (3)(C), (3)(D), or
(6)of section 502(e); or an attorney or accountant acting on behalf of an individual with whom such attorney or accountant has a customer or consumer relationship, in accordance with section 502(e)(3)(E). The term person engaged in providing insurance means a person that engages in the business of insurance, as that term is defined in section 1002 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5481 ). .
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