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Federal Reserve Board of Governors

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Regulation P: Privacy of Consumer Information [R-1483]

The Board is proposing to repeal its Regulation P, which was issued to implement section 504 of the Gramm-Leach-Bliley Act (GLB Act). Title X of the Dodd-Frank Act transferred rulemaking authority for a number of consumer financial protection laws from the Board, and six other Federal agencies, to the Bureau of Consumer Financial Protection, including rulemaking authority for the provisions in Subtitle A of Title V of the GLB Act that were implemented in the Board's Regulation P.

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Last update: February 24, 2012