Can I stop unwanted solicitations that come from joint marketers?
Introduction Financial Privacy 101 More About Privacy Notices Information Flow – How Data Comes and Goes Outsourcing – The “Service Provider” Loophole Joint Marketing Agreements – Watering Down Your Opt-Out Affiliate Sharing – Can You Stop It? Financial Privacy – California Style What You Can Do to Protect Your Privacy File a Complaint Resources 1. Introduction Used to be, your bank handled your checking and savings accounts. You visited your insurance agent for life, auto, or homeowner’s insurance. And, if you wanted to “play the market,” you called your stock broker. Federal legislation changed all that. The Financial Services Modernization Act allows banks, insurance companies, and brokerage firms to operate as one. The law was implemented in 2001 and is also known as the Gramm-Leach-Bliley Act or GLB. The combined companies have been aptly dubbed “financial supermarkets.” They may promise you such benefits as consolidated account statements and lower fees. But at the same time, the
