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Legislative Advisory.(Gramm-Leach-Bliley Act)
New Developments with Respect to the Gramm-Leach-Bliley Act--All Good
As the National Association of Credit Management ("NACM") has reported to its members throughout this year, a substantial concern had arisen with respect to the applicability of the Financial Services Modernization Act of 1999, which is formally known as the Gramm-Leach-Bliley Act ("GLB"), as it may affect trade creditors. The perceived ambiguity in the language of the GLB and the lack of preciseness in regulations promulgated by the federal regularity authorities had led NACM to take a very conservative approach with respect to the advice that it has given to its members concerning the lack ...
- FTC Targets Data Mining Firms Violating GLB Act.(Federal Trade Commission;...
- Magazine article from: Direct Marketing March 1, 2001 700+ words
...Commission's Division of Financial Practices has launched "Operation Detect...Leach-Bliley Act. The GLB Act prohibits individuals from...practices must comply not only with GLB, but with other applicable...ensure that they complied with GLB and all other applicable federal...
- Leach Offers a Post-Enron Defense of GLB.
- Magazine article from: American Banker January 31, 2003 700+ words
...should become a powerful factor in establishing institutional self-interest in new ethics-beyond-reproach financial practices," he said. "After all, when large assets underpin relatively minor activities, conflicts of interest which...
- GLB Bancorp, Inc. Receives Unsolicited Merger Proposal From Jerome T. Osborne,...
- Press release article from: PR Newswire October 12, 2003 700+ words
GLB BANCORP, INC. announces that it has received an unsolicited...to acquire all of the outstanding common shares of GLB Bancorp in a transaction structured as a cash-for-stock merger. The GLB Bancorp Board of Directors will meet to consider Mr...
- GLB Bancorp, Inc. Announces Resignation of Director.
- Press release article from: PR Newswire September 8, 2003 700+ words
GLB BANCORP, INC. today announces that Jerome...his position as a director and an officer of GLB Bancorp and its subsidiary, Great Lakes Bank...Jerome Osborne was the Chairman of the Board of GLB Bancorp. In a letter addressed to the Board...
- GLB Bancorp, Inc. Shareholders of Record as of August 29, 2003 Are Eligible to...
- Press release article from: PR Newswire August 27, 2003 700+ words
GLB BANCORP, INC. today announces that it has established...Agreement and Plan of Merger dated July 15, 2003 between GLB Bancorp, Inc. and Sky Financial Group, Inc. , pursuant to which GLB Bancorp is expected to merge with and into Sky Financial...
- GLB Bancorp Shareholders Approve Merger With Sky Financial Group.
- Press release article from: PR Newswire October 15, 2003 700+ words
GLB BANCORP, INC. announces that, at a special meeting of...and Plan of Merger, dated as of July 15, 2003, between GLB Bancorp and Sky Financial Group, Inc. , pursuant to which GLB Bancorp will merge with and into Sky Financial. In the...
- GLB privacy provisions still cause confusion. (Privacy...
- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management Jensen, Kathleen June 23, 2003 700+ words
...applies to all financial institutions, GLB attempted to create the "fully integrated...public personal financial information. GLB was supposed to make it easier for multifaceted...give the information to. Additionally, GLB requires financial institutions to allow...
- Showing Some Love for GLB on its 10-Year Anniversary.(Gramm-Leach-Bliley Act)
- Magazine article from: US Banker November 1, 2009 700+ words
...signed the Gramm-Leach-Bliley Act (GLB) into law, the financial services industry...regarding financial services regulation, GLB has become a target. Some critics, including...institutions. We would argue, though, that GLB has done just what it was intended to do...
