FTC privacy safeguards may impact your firm.

• Position: Federal Trade Commission - Brief Article

On May 23, 2003, the Federal Trade Commission's (FTC's) Safeguards Rule became effective. This regulation states that financial institutions and other businesses that are subject to the rule--which could include tax preparers and financial advisers--must have in place a comprehensive program to ensure the security and confidentiality of customer information.

To find out whether you or your firm is subject to the safeguards rule and to access additional resources on compliance with other provisions of the Gramm-Leach-Bliley Act, go to...