The Gramm-Leach-Bliley Act is a U.S. federal law that requires financial institutions to document and explain how they protect the personal data of their consumers. Financial institutions are required to create an information security plan according to the Safeguard Rules, which describe how the data is protected. The Privacy of Consumer Financial Information Rule provides additional requirements. The main implications of GLBA compliance is outlined by the Safegards Rule. The Act is enforced by the FTC, along with federal banking agencies, other federal regulatory authorities, and state insurance oversight agencies.”]
Source: https://hackercombat.com/understand-the-gramm-leach-bliley-act/