Article: PRIVACY POLICIES

PRIVACY POLICIES

Financial information shouldn't be shared

Saturday, June 16, 2001

People have been receiving customer privacy notices from the financial companies they deal with, and the notices state that customers must notify the companies if they do not want their personal information shared with other companies. The financial companies call this their opt-out policy.

Why should 99% of their customers be obligated to notify them that they do not want their personal information shared? Why not let the 1% of their customers, who for whatever reason actually want their

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