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The FTC, the federal banking agencies, (1) other federal regulatory authorities, (2) and state insurance authorities enforce the GLB Act. Each agency has issued substantially similar rules implementing GLB's privacy provisions. The states are responsible for issuing regulations and enforcing the law with respect to insurance providers. The FTC has jurisdiction over any financial institution or other person not regulated by other government agencies.
The FTC may bring enforcement actions for violations of the Privacy Rule. The FTC can bring actions to enforce the Privacy Rule in federal district court, where it may seek the full scope of injunctive and ancillary equitable relief. The FTC also has authority under Section 5 of the FTC Act to examine privacy policies and practices for deception and unfairness.
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VI. FURTHER GUIDANCE
For additional information about the GLB Act and the Privacy Rule, please visit the FTC's GLB Act website at www.ftc.gov/privacy/glbact/index.html. Information available at that site will include written guidance, prepared by the staff of the FTC and other federal agencies enforcing the GLB Act, on specific compliance issues that may be of interest to you.
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VII. YOUR OPPORTUNITY TO COMMENT
The National Small Business Ombudsman and 10 Regional Fairness Boards collect comments from small businesses about federal compliance and enforcement activities. Each year, the Ombudsman evaluates the conduct of these activities and rates each agency's responsiveness to small businesses. Small businesses can comment to the Ombudsman without fear of reprisal. To comment, call toll-free 1-888-REGFAIR (1-888-734-3247) or go to www.sba.gov/ombudsman.
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