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Banks Need to Improve Consumer Privacy

Comptroller of the Currency John Hawke declared Monday that banks have not done enough to protect personal information since the Gramm-Leach-Bliley Act of 1999. In a speech to the American Bankers Association at its annual meeting, Hawke stated that, "Progress toward self-regulation and standard-setting in the privacy area since GLBA has not been what one would have hoped for."

OCC's Hawke: Bks Haven't Done Enough On Consumer Privacy
The Wall Street Journal, September 23, 2003