Font Size: AAA // Print // Bookmark

RELEASE: pr5808-10

  • April 15, 2010

    Federal Regulators Release Model Consumer Privacy Notice Online Form Builder

    Eight federal regulators released an Online Form Builder today that financial institutions can download and use to develop and print customized versions of a model consumer privacy notice.

    The Online Form Builder, based on the model form regulation published in the Federal Register on December 1, 2009, under the Gramm-Leach-Bliley Act, is available with several options. Easy-to-follow instructions for the form builder will guide an institution to select the version of the model form that fits its practices, such as whether the institution provides an opt-out for consumers.

    To obtain a legal “safe harbor” and so satisfy the law’s disclosure requirements, institutions must follow the instructions in the model form regulation when using the Online Form Builder.

    The model privacy form was developed jointly by the Board of Governors of the Federal Reserve System, Commodity Futures Trading Commission, Federal Deposit Insurance Corporation, Federal Trade Commission, National Credit Union Administration, Office of the Comptroller of the Currency, Office of Thrift Supervision, and Securities and Exchange Commission.

    The Online Form Builder is available at: http://www.federalreserve.gov/bankinforeg/privacy_notice_instructions.pdf. The agencies will post a link to this site on their websites.

    Media Contacts:

    Federal Reserve

    Barbara Hagenbaugh

    (202) 452-2955

    CFTC

    Scott Schneider

    (202) 418-5080

    FDIC

    David Barr

    (202) 898-6992

    FTC

    Claudia Bourne Farrell

    (202) 326-2181

    NCUA

    Cherie Umbel

    (703) 518-6337

    OCC

    Dean DeBuck

    (202) 874-5770

    OTS

    William Ruberry

    (202) 906-6677

    SEC

    John J. Nester

    (202) 551-4120

    Media Contacts
    Scott Schneider
    202-418-5174

    R. David Gary
    202-418-5085

    Last Updated: April 15, 2010

See Also:

OpenGov Logo

CFTC's Commitment to Open Government

Media Contacts in Office of Public Affairs

  • Steven Adamske
  • 202-418-5080
Orange CFTC Banner

Press Room Email Subscriptions