Ask Reggi Your Question Now
Can you summarize 15 USC 6804?
DISCLOSURE OF NONPUBLIC PERSONAL INFORMATION > Rulemaking
Short Summary
This legal document grants regulatory authority to the Bureau of Consumer Financial Protection, the Securities and Exchange Commission, the Commodity Futures Trading Commission, and the Federal Trade Commission to prescribe regulations for the disclosure of nonpublic personal information. The regulations apply to financial institutions and other persons subject to the jurisdiction of these agencies. However, the Bureau of Consumer Financial Protection does not have authority to prescribe regulations regarding the standards under section 6801 of this title. State insurance authorities retain their authority to adopt regulations for this subchapter. The agencies authorized to prescribe regulations are required to consult and coordinate with each other and representatives of State insurance authorities to ensure consistency and comparability. The regulations must be prescribed in accordance with applicable requirements of title 5. The regulations may include additional exceptions to subsections (a) through (d) of section 6802 of this title as deemed consistent with the purposes of this subchapter.
Whom does it apply to?
Financial institutions and other persons subject to the jurisdiction of the Bureau of Consumer Financial Protection, the Securities and Exchange Commission, the Commodity Futures Trading Commission, and the Federal Trade Commission
What does it govern?
Rulemaking authority for the disclosure of nonpublic personal information
What are exemptions?
The Bureau of Consumer Financial Protection does not have authority to prescribe regulations with respect to the standards under section 6801 of this title. State insurance authorities have the authority to adopt regulations to carry out this subchapter.
What are the Penalties?
No specific penalties mentioned.
Jurisdiction
U.S. Federal Government