Gramm-Leach-Bliley Act of 1999

E82916

The Gramm-Leach-Bliley Act of 1999 is a U.S. federal law that overhauled financial regulation by repealing key parts of Glass-Steagall, allowing the consolidation of commercial banking, investment banking, and insurance services while imposing new consumer privacy and data protection requirements.

AI illustration

How this image was made

AI-generated illustration of Gramm-Leach-Bliley Act of 1999

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of the Gramm-Leach-Bliley Act of 1999 (The Gramm-Leach-Bliley Act of 1999 is a U.S. federal law that overhauled financial regulation by repealing key parts of Glass-Steagall, allowing the consolidation of commercial banking, investment banking, and insurance services while imposing new consumer privacy and data protection requirements.)

All labels observed (6)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf United States federal statute ⓘ
financial regulatory law ⓘ
administeredBy Federal Trade Commission ⓘ
Securities and Exchange Commission ⓘ
federal banking agencies ⓘ
affects Bank Holding Company Act of 1956 ⓘ
allows creation of financial holding companies ⓘ
alsoKnownAs Financial Services Modernization Act of 1999 ⓘ
appliesTo nonpublic personal information of consumers ⓘ
containsTitle Pretexting provisions ⓘ
Privacy of Consumer Financial Information ⓘ
Safeguards Rule ⓘ
country United States ⓘ
dateSignedIntoLaw 1999-11-12 ⓘ
enables consolidation of commercial banking, investment banking, and insurance services ⓘ
enactedBy 106th United States Congress ⓘ
establishesConcept financial holding company ⓘ
historicalContext marked the end of the separation between commercial and investment banking in the United States ⓘ
imposesRequirement financial institutions must allow customers to opt out of certain information sharing with nonaffiliated third parties ⓘ
financial institutions must explain information-sharing practices ⓘ
financial institutions must implement administrative, technical, and physical safeguards for customer data ⓘ
financial institutions must provide privacy notices to customers ⓘ
legalCitation 15 U.S.C. §§ 6801–6809 ⓘ
mainPurpose establish consumer financial privacy protections ⓘ
establish safeguards for customer financial information ⓘ
modernize financial services regulation in the United States ⓘ
permit affiliation of commercial banks, investment banks, and insurance companies ⓘ
repeal key provisions of the Glass-Steagall Act ⓘ
policyArea banking regulation ⓘ
consumer privacy ⓘ
data protection ⓘ
insurance regulation ⓘ
securities regulation ⓘ
primarySponsors Jim Leach ⓘ
Phil Gramm ⓘ
Thomas J. Bliley Jr. ⓘ
prohibits pretexting to obtain customer financial information ⓘ
publicLawNumber Public Law 106-102 ⓘ
regulates banks ⓘ
financial institutions ⓘ
insurance companies ⓘ
securities firms ⓘ
repealsPartOf Glass-Steagall Act ⓘ
sector financial services ⓘ
shortName GLBA ⓘ
Gramm-Leach-Bliley Act ⓘ
signedBy Bill Clinton ⓘ
statutesAtLargeCitation 113 Stat. 1338 ⓘ
yearEnacted 1999 ⓘ

How these facts were elicited

Referenced by (26)

Full triples — surface form annotated when it differs from this entity's canonical label.

Community Reinvestment Act → amendedBy → Gramm-Leach-Bliley Act of 1999 ⓘ
United States federal securities markets → legalFramework → Gramm–Leach–Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Clinton administration → signed → Gramm–Leach–Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Federal Trade Commission → legalBasis → Gramm–Leach–Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Gramm-Leach-Bliley Act of 1999 → shortName → Gramm-Leach-Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Gramm-Leach-Bliley Act of 1999 → shortName → GLBA ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Gramm-Leach-Bliley Act of 1999 → alsoKnownAs → Financial Services Modernization Act of 1999 ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Gramm-Leach-Bliley Act of 1999 → containsTitle → Safeguards Rule ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Bank Holding Company Act of 1956 → amendedBy → Gramm–Leach–Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Bank Holding Company Act of 1956 → relatedTo → Gramm–Leach–Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Federal Deposit Insurance Act → amendedBy → Gramm–Leach–Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Fair Credit Reporting Act → relatedTo → Gramm–Leach–Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Banking Code of the United States → includes → Gramm–Leach–Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Phil Gramm → notableWork → Gramm–Leach–Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Phil Gramm → sponsored → Gramm–Leach–Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
United States financial system → subjectTo → Gramm–Leach–Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Public Law 106-102 → hasOfficialName → Gramm-Leach-Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Public Law 106-102 → hasShortName → GLBA ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Public Law 106-102 → hasAlternativeName → Financial Services Modernization Act of 1999 ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Public Law 106-102 → containsProvision → Safeguards Rule ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Thomas J. Bliley Jr. → notableWork → Gramm–Leach–Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 → relatedTo → Gramm-Leach-Bliley Act ⓘ
subject linked to: Riegle-Neal Act
linked to: Gramm-Leach-Bliley Act of 1999
FCRA → relatedTo → Gramm-Leach-Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Public Law 91-508 → amendedBy → Gramm–Leach–Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999
Right to Financial Privacy Act → relatedTo → Gramm–Leach–Bliley Act ⓘ
linked to: Gramm-Leach-Bliley Act of 1999