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CFR › Title 17 › Chapter I › Part 160 › Subpart C › Section 160.14

17 CFR 160.14 - Exceptions to notice and opt out requirements for processing and servicing transactions.

There is 1 rule appearing in the Federal Register for 17 CFR 160. Select the tab below to view, or View eCFR (GPOAccess)
§ 160.14 Exceptions to notice and opt out requirements for processing and servicing transactions.
(a) Exceptions for processing and servicing transactions at consumer's request. The requirements for initial notice in § 160.4(a)(2), for the opt out in §§ 160.7 and 160.10, and for initial notice in § 160.13 in connection with service providers and joint marketing, do not apply if you disclose nonpublic personal information as necessary to effect, administer, or enforce a transaction that a consumer requests or authorizes, or in connection with:
(1) Processing or servicing a financial product or service that a consumer requests or authorizes;
(2) Maintaining or servicing the consumer's account with you, or with another entity as part of an extension of credit on behalf of such entity as part of a private label credit card program or other extension of credit on behalf of such entity; or
(3) A proposed or actual securitization, secondary market sale or similar transaction related to a transaction of the consumer.
(b) Necessary to effect, administer or enforce a transaction means that the disclosure is:
(1) Required, or is one of the lawful or appropriate methods, to enforce your rights or the rights of other persons engaged in carrying out the financial transaction or providing the product or service; or
(2) Required, or is a usual, appropriate or acceptable method:
(i) To carry out the transaction or the product or service business of which the transaction is a part, and record, service or maintain the consumer's account in the ordinary course of providing the financial service or financial product;
(ii) To administer or service benefits or claims relating to the transaction or the product or service business of which it is a part;
(iii) To provide a confirmation, statement or other record of the transaction, or information on the status or value of the financial service or financial product to the consumer or the consumer's agent or broker;
(iv) To accrue or recognize incentives or bonuses associated with the transaction that are provided by you or any other party;
(v) In connection with:
(A) The authorization, settlement, billing, processing, clearing, transferring, reconciling or collection of amounts charged, debited or otherwise paid using a debit, credit or other payment card, check or account number, or by other payment means;
(B) The transfer of receivables, accounts or interests therein; or
(C) The audit of debit, credit or other payment information.

Title 17 published on 2012-04-01

The following are only the Rules published in the Federal Register after the published date of Title 17.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2012-12-28; vol. 77 # 249 - Friday, December 28, 2012
    1. 77 FR 76356 - Privacy of Consumer Financial Information Under Title V of the Gramm-Leach-Bliley Act
      GPO FDSys XML | Text
      COMMODITY FUTURES TRADING COMMISSION
      17 CFR Part 160

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.

United States Code
USC : Title 7 - AGRICULTURE

7 USC § 7b–2 - Privacy

USC : Title 15 - COMMERCE AND TRADE

§ 6801 - Protection of nonpublic personal information

§ 6802 - Obligations with respect to disclosures of personal information

§ 6803 - Disclosure of institution privacy policy

§ 6804 - Rulemaking

§ 6805 - Enforcement

§ 6806 - Relation to other provisions

§ 6807 - Relation to State laws

§ 6808 - Study of information sharing among financial affiliates

§ 6809 - Definitions

USC : Title 46 - SHIPPING

§ 2103 - Superintendence of the merchant marine

Title 17 published on 2012-04-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 17 CFR 160 after this date.

  • 2012-12-28; vol. 77 # 249 - Friday, December 28, 2012
    1. 77 FR 76356 - Privacy of Consumer Financial Information Under Title V of the Gramm-Leach-Bliley Act
      GPO FDSys XML | Text
      COMMODITY FUTURES TRADING COMMISSION
      17 CFR Part 160