This rule governs the treatment of nonpublic personal information about consumers by financial institutions. This rule: (1) Requires a financial institution to provide notice to individuals about its privacy policies and practices; (2) Describes the conditions under which a financial institution may disclose nonpublic personal information about consumers to non-affiliated third parties; (3) Requires financial institutions to obtain consumer consent prior to disclosing that information, subject to the exceptions in this regulation and 8 V.S.A. § 10204 and subject to the federal Fair Credit
Reporting Act and the Vermont Fair Credit Reporting Act; and (4) Provides an exemption for information about business customers.
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