What is NOT a focus of the Gramm-Leach-Bliley Act of 1999 (GLBA)?

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The Gramm-Leach-Bliley Act (GLBA) primarily focuses on the protection and privacy of consumers' financial information. One of its core provisions is to ensure that financial institutions provide clear privacy notices to customers and establish policies regarding the sharing of information with third parties. While the act does allow for the sharing of information, it imposes certain restrictions and guidelines that require financial institutions to disclose such practices to consumers.

The correct aspect that is NOT a primary focus of the GLBA is the act of sharing information with third parties. Although the GLBA addresses how financial information can be shared and outlines requirements for consent and notification, the act is more centered on safeguarding consumers' private data and outlining how to handle that data securely.

In contrast, the act includes provisions on the privacy of financial information, guidelines for securing financial information, and implicitly seeks to limit opportunities for data breaches through these protective measures. Therefore, while sharing information with third parties is acknowledged within the act, it is not a central aim compared to the other aspects mentioned.

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