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Byline: Christine Van Dusen
Apr. 3--Your bank lends money, but does it share your personal information?
The regulation is part of the Gramm-Leach-Bliley Act, passed in 1999, which allows banks to merge with insurance companies and brokerages. Under the legislation, banks can share personal data -- such as Social Security numbers and annual income -- with affiliated companies and other third parties unless consumers opt out in …