Answer:
According to the Gramm-Leach-Bliley Act, the privacy notices must be provided when
- At the time of account opening and annually unless certain conditions are met.
Explanation:
- The Gramm-Leach-Bliley Act is such act that protect the privacy of the customer. This is a federal law that ask the financial institution about the way of share and protecting the private information of their customers.
- According to this act, the provided notices must be provided at the time of opening of account and annually unless certain conditions are met.
