It is the policy of the Congress that each financial institution has an affirmative and continuing obligation to respect the privacy of its customers and to protect the security and confidentiality of those customers' nonpublic personal information.
In furtherance of the policy in subsection (a), each agency or authority described in sectionof this title, other than the Bureau of Consumer Financial Protection, shall establish appropriate standards for the financial institutions subject to their jurisdiction relating to administrative, technical, and physical safeguards-
15 U.S.C. § 6801
Pub. L. 106-102, title V, §501, Nov. 12, 1999, 113 Stat. 1436; Pub. L. 111-203, title X, §1093(1), July 21, 2010, 124 Stat. 2095.
AMENDMENTS 2010-Subsec. (b). Pub. L. 111-203 inserted ", other than the Bureau of Consumer Financial Protection," after "sectionof this title" in introductory provisions.
EFFECTIVE DATE OF 2010 AMENDMENT Amendment by Pub. L. 111-203 effective on the designated transfer date, see section 1100H of Pub. L. 111-203 set out as a note under sectionof Title 5, Government Organization and Employees.
EFFECTIVE DATE Pub. L. 106-102, title V, §510, Nov. 12, 1999, 113 Stat. 1445, provided that: "This subtitle [subtitle A (§§501-510) of title V of Pub. L. 106-102 enacting this subchapter and amending sectionof this title] shall take effect 6 months after the date on which rules are required to be prescribed under section 504(a)(3) [ ], except-"(1) to the extent that a later date is specified in the rules prescribed under section 504; and"(2) that sections 504 [ ] and 506 [enacting section 6806 of this title and amending section of this title] shall be effective upon enactment [Nov. 12, 1999]."