Source: https://www.law.cornell.edu/cfr/text/17/248.15
Timestamp: 2019-07-20 08:08:20
Document Index: 118946473

Matched Legal Cases: ['§ 248', '§ 248', '§ 248', '§ 248', '§ 248', '§ 248', '§ 248']

17 CFR § 248.15 - Other exceptions to notice and opt out requirements. | CFR | US Law | LII / Legal Information Institute
Subpart A. Regulation S-P: Privacy of Consumer Financial Information and Safeguarding Personal Information
Subjgrp 124. Exceptions
Section 248.15. Other exceptions to notice and opt out requirements.
17 CFR § 248.15 - Other exceptions to notice and opt out requirements.
§ 248.15 Other exceptions to notice and opt out requirements.
(a)Exceptions to notice and opt out requirements. The requirements for initial notice in § 248.4(a)(2), for the opt out in §§ 248.7 and 248.10, and for initial notice in § 248.13 in connection with service providers and joint marketing do not apply when you disclose nonpublic personal information:
(i) To protect the confidentiality or security of your records pertaining to the consumer, service, product, or transaction;
(4) To the extent specifically permitted or required under other provisions of law and in accordance with the Right to Financial Privacy Act of 1978 (12 U.S.C. 3401et seq.), to law enforcement agencies (including a federal functional regulator, the Secretary of the Treasury, with respect to 31 U.S.C. Chapter 53, Subchapter II (Records and Reports on Monetary Instruments and Transactions) and 12 U.S.C. Chapter 21 (Financial Recordkeeping), a State insurance authority, with respect to any person domiciled in that insurance authority's State that is engaged in providing insurance, and the Federal Trade Commission), self-regulatory organizations, or for an investigation on a matter related to public safety;
(i) To a consumer reporting agency in accordance with the Fair Credit Reporting Act (15 U.S.C. 1681et seq.), or
(i) To comply with federal, State, or local laws, rules and other applicable legal requirements;
(b)Examples of consent and revocation of consent.
(1) A consumer may specifically consent to your disclosure to a nonaffiliated mortgage lender of the value of the assets in the consumer's brokerage or investment advisory account so that the lender can evaluate the consumer's application for a mortgage loan.
(2) A consumer may revoke consent by subsequently exercising the right to opt out of future disclosures of nonpublic personal information as permitted under § 248.7(f).