Gramm-Leach-Bliley Act of 1999
E82916
The Gramm-Leach-Bliley Act of 1999 is a U.S. federal law that overhauled financial regulation by repealing key parts of Glass-Steagall, allowing the consolidation of commercial banking, investment banking, and insurance services while imposing new consumer privacy and data protection requirements.
All labels observed (6)
| Label | Occurrences |
|---|---|
| Gramm–Leach–Bliley Act | 12 |
| Gramm-Leach-Bliley Act | 3 |
| Financial Services Modernization Act of 1999 | 2 |
| GLBA | 2 |
| Gramm-Leach-Bliley Act of 1999 canonical | 2 |
| Safeguards Rule | 2 |
How this entity was disambiguated
This entity first appeared as the object of triple T661765 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: Gramm-Leach-Bliley Act of 1999 Context triple: [Community Reinvestment Act, amendedBy, Gramm-Leach-Bliley Act of 1999]
-
A.
Sarbanes–Oxley Act of 2002
The Sarbanes–Oxley Act of 2002 is a U.S. federal law that established sweeping reforms to improve corporate governance, financial reporting, and auditor independence in response to major accounting scandals.
-
B.
Dodd–Frank Wall Street Reform and Consumer Protection Act
The Dodd–Frank Wall Street Reform and Consumer Protection Act is a major U.S. financial reform law enacted after the 2008 crisis to increase oversight of Wall Street, reduce systemic risk, and strengthen consumer financial protections.
-
C.
National Securities Markets Improvement Act of 1996
The National Securities Markets Improvement Act of 1996 is a U.S. federal law that reallocated regulatory authority between federal and state securities regulators to streamline oversight of investment advisers and securities offerings.
-
D.
Privacy Act of 1974
The Privacy Act of 1974 is a U.S. federal law that governs how federal agencies collect, maintain, use, and disclose individuals’ personal information, granting citizens rights to access and correct records about themselves.
-
E.
Glass–Steagall Act
The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Gramm-Leach-Bliley Act of 1999 Target entity description: The Gramm-Leach-Bliley Act of 1999 is a U.S. federal law that overhauled financial regulation by repealing key parts of Glass-Steagall, allowing the consolidation of commercial banking, investment banking, and insurance services while imposing new consumer privacy and data protection requirements.
-
A.
Sarbanes–Oxley Act of 2002
The Sarbanes–Oxley Act of 2002 is a U.S. federal law that established sweeping reforms to improve corporate governance, financial reporting, and auditor independence in response to major accounting scandals.
-
B.
Dodd–Frank Wall Street Reform and Consumer Protection Act
The Dodd–Frank Wall Street Reform and Consumer Protection Act is a major U.S. financial reform law enacted after the 2008 crisis to increase oversight of Wall Street, reduce systemic risk, and strengthen consumer financial protections.
-
C.
National Securities Markets Improvement Act of 1996
The National Securities Markets Improvement Act of 1996 is a U.S. federal law that reallocated regulatory authority between federal and state securities regulators to streamline oversight of investment advisers and securities offerings.
-
D.
Privacy Act of 1974
The Privacy Act of 1974 is a U.S. federal law that governs how federal agencies collect, maintain, use, and disclose individuals’ personal information, granting citizens rights to access and correct records about themselves.
-
E.
Glass–Steagall Act
The Glass–Steagall Act was a landmark U.S. banking law of the 1930s that separated commercial and investment banking to curb financial speculation and prevent future banking crises.
- F. None of above. chosen
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
ⓘ
financial regulatory law ⓘ |
| administeredBy |
Federal Trade Commission
ⓘ
Securities and Exchange Commission ⓘ federal banking agencies ⓘ |
| affects | Bank Holding Company Act of 1956 ⓘ |
| allows | creation of financial holding companies ⓘ |
| alsoKnownAs |
Gramm-Leach-Bliley Act of 1999
ⓘ
surface form:
Financial Services Modernization Act of 1999
|
| appliesTo | nonpublic personal information of consumers ⓘ |
| containsTitle |
Pretexting provisions
ⓘ
Privacy of Consumer Financial Information ⓘ Gramm-Leach-Bliley Act of 1999 self-linksurface differs ⓘ
surface form:
Safeguards Rule
|
| country |
United States of America
ⓘ
surface form:
United States
|
| dateSignedIntoLaw | 1999-11-12 ⓘ |
| enables | consolidation of commercial banking, investment banking, and insurance services ⓘ |
| enactedBy | 106th United States Congress ⓘ |
| establishesConcept | financial holding company ⓘ |
| historicalContext | marked the end of the separation between commercial and investment banking in the United States ⓘ |
| imposesRequirement |
financial institutions must allow customers to opt out of certain information sharing with nonaffiliated third parties
ⓘ
financial institutions must explain information-sharing practices ⓘ financial institutions must implement administrative, technical, and physical safeguards for customer data ⓘ financial institutions must provide privacy notices to customers ⓘ |
| legalCitation | 15 U.S.C. §§ 6801–6809 ⓘ |
| mainPurpose |
establish consumer financial privacy protections
ⓘ
establish safeguards for customer financial information ⓘ modernize financial services regulation in the United States ⓘ permit affiliation of commercial banks, investment banks, and insurance companies ⓘ repeal key provisions of the Glass-Steagall Act ⓘ |
| policyArea |
banking regulation
ⓘ
consumer privacy ⓘ data protection ⓘ insurance regulation ⓘ securities regulation ⓘ |
| primarySponsors |
Jim Leach
ⓘ
Phil Gramm ⓘ Thomas J. Bliley Jr. ⓘ |
| prohibits | pretexting to obtain customer financial information ⓘ |
| publicLawNumber | Public Law 106-102 ⓘ |
| regulates |
banks
ⓘ
financial institutions ⓘ insurance companies ⓘ securities firms ⓘ |
| repealsPartOf |
Glass–Steagall Act
ⓘ
surface form:
Glass-Steagall Act
|
| sector | financial services ⓘ |
| shortName |
Gramm-Leach-Bliley Act of 1999
self-linksurface differs
ⓘ
surface form:
GLBA
Gramm-Leach-Bliley Act of 1999 self-linksurface differs ⓘ
surface form:
Gramm-Leach-Bliley Act
|
| signedBy | Bill Clinton ⓘ |
| statutesAtLargeCitation | 113 Stat. 1338 ⓘ |
| yearEnacted | 1999 ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Subject: Gramm-Leach-Bliley Act of 1999 Description of subject: The Gramm-Leach-Bliley Act of 1999 is a U.S. federal law that overhauled financial regulation by repealing key parts of Glass-Steagall, allowing the consolidation of commercial banking, investment banking, and insurance services while imposing new consumer privacy and data protection requirements.
Referenced by (23)
Full triples — surface form annotated when it differs from this entity's canonical label.