Sec. 1. SHORT TITLE; TABLE OF CONTENTS.1
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## SECTION 1 SHORT TITLE; TABLE OF CONTENTS.1 ###
(a)Short Title **[**[12 U.S.C. 1811](/us/usc/t12/s1811) nt**]** This Act may be cited as the “Gramm-Leach-Bliley Act”. 1Note: The Gramm-Leach-Bliley Act largely amended other Acts. Many free-standing provisions of such Act, while still effect, do not have a permanent or long-term application and have therefore not been included in this compilation. ###
(b)Table of Contents The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. TITLE I—FACILITATING AFFILIATION AMONG BANKS, SECURITIES FIRMS, AND INSURANCE COMPANIES Subtitle A—Affiliations * * * * * * * Sec. 103. Financial activities. Sec. 104. Operation of State law. * * * * * * * Subtitle B—Streamlining Supervision of Bank Holding Companies * * * * * * * Sec. 108. Use of subordinated debt to protect financial system and deposit funds from “too big to fail” institutions. Sec. 109. Study of financial modernization’s effect on the accessibility of small business and farm loans. * * * * * * * Sec. 114. Prudential safeguards. Sec. 115. Examination of investment companies. Subtitle C—Subsidiaries of National Banks * * * * * * * Sec. 122. Consideration of merchant banking activities by financial subsidiaries. * * * * * * * Subtitle D—Preservation of FTC Authority * * * * * * * Sec. 132. Interagency data sharing. Sec. 133. Clarification of status of subsidiaries and affiliates. * * * * * * * TITLE II—FUNCTIONAL REGULATION Subtitle A—Brokers and Dealers * * * * * * * Sec. 206. Definition of identified banking product.22Section 301(a) of the Commodity Futures Modernization Act of 2000 (Appendix E of Public Law 106-554) added 206A without a corresponding amendment to add such item after the item relating to section 206 in the table of contents. * * * * * * * Subtitle D—Banks and Bank Holding Companies * * * * * * * Sec. 241. Consultation. * * * * * * * TITLE III—INSURANCE Subtitle A—State Regulation of Insurance Sec. 301. Functional regulation of insurance. Sec. 302. Insurance underwriting in national banks. Sec. 303. Title insurance activities of national banks and their affiliates. Sec. 304. Expedited and equalized dispute resolution for Federal regulators. * * * * * * * Sec. 306. Certain State affiliation laws preempted for insurance companies and affiliates. Sec. 307. Interagency consultation. Sec. 308. Definition of State. * * * * * * * Subtitle C—National Association of Registered Agents and Brokers Sec. 321. National Association of Registered Agents and Brokers. Sec. 322. Purpose. Sec. 323. Membership. Sec. 324. Board of directors. Sec. 325. Bylaws, standards, and disciplinary actions. Sec. 326. Powers. Sec. 327. Report by the Association. Sec. 328. Liability of the Association and the Board members, officers, and employees of the Association. Sec. 329. Presidential oversight. Sec. 330. Relationship to State law. Sec. 331. Coordination with financial industry regulatory authority. Sec. 332. Right of action. Sec. 333. Federal funding prohibited. Sec. 334. Definitions. * * * * * * * TITLE V—PRIVACY Subtitle A—Disclosure of Nonpublic Personal Information Sec. 501. Protection of nonpublic personal information. Sec. 502. Obligations with respect to disclosures of personal information. Sec. 503. Disclosure of institution privacy policy. Sec. 504. Rulemaking. Sec. 505. Enforcement. Sec. 507. Relation to State laws. Sec. 508. Study of information sharing among financial affiliates. Sec. 509. Definitions. Sec. 510. Effective date. * * * * * * * Subtitle B—Fraudulent Access to Financial Information Sec. 521. Privacy protection for customer information of financial institutions. Sec. 522. Administrative enforcement. Sec. 523. Criminal penalty. Sec. 524. Relation to State laws. Sec. 525. Agency guidance. Sec. 526. Reports. Sec. 527. Definitions. * * * * * * * TITLE VII—OTHER PROVISIONS * * * * * * * Subtitle C—Other Regulatory Improvements Sec. 721. Expanded small bank access to S corporation treatment. Sec. 722. “Plain language” requirement for Federal banking agency rules. * * * * * * * Sec. 728. General Accounting Office study of conflicts of interest. Sec. 729. Study and report on adapting existing legislative requirements to online banking and lending. * * * * * * * Sec. 733. Fair treatment of women by financial advisers. * * * * * * * # TITLE I FACILITATING AFFILIATION AMONG BANKS, SECURITIES FIRMS, AND INSURANCE COMPANIES ## Subtitle A Affiliations * * * * * * *
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- Pub. L. 106-554
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