S.Amdt. 3942Senate111th Congress (2009-2011)2nd degree
S.Amdt. 3942
Sponsored by
Sen. Jack Reed (D-RI)
Submitted May 11, 2010
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Senate amendment submitted
May 11, 2010
Text
Submitted
SA 3942. Mr. REED submitted an amendment intended to be proposed to amendment SA 3739 proposed by Mr. Reid (for Mr. Dodd (for himself and Mrs. Lincoln)) to the bill S. 3217, to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end ``too big to fail'', to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes; which was ordered to lie on the table; as follows: On page 74, between lines 2 and 3, insert the following: (D) Prohibition on collection of nonpublic personal information.--Notwithstanding any other provision of law, the Council and the Office of Financial Research may not require the submission of nonpublic personal information (as that term is defined in section 509 of the Gramm-Leach-Bliley Act (12 U.S.C. 6809)) of any customer by any financial company or in any other manner. ______