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Stanley and Steinhardt accuse the Gramm-Leach-Bliley Act of hindering what type of privacy for Americans?

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5 votes

Answer:

Financial privacy

Step-by-step explanation:

Stanley and Steinhardt allege that the Gramm-Leach-Bliley Act did the opposite of what it intended to, protect Americans' financial privacy, by authenticating the consummation of financial information by financial companies.

The Safeguards Rule of the Gramm-Leach-Bliley Act requires financial institutions to develop and maintain a security plan to protect the confidentiality and integrity of personal information. According to Stanley and steinhardts the Act did the opposite, that is, hindering Americans financial privacy

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