[Code of Federal Regulations]
[Title 16, Volume 1]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 16CFR314.1]

[Page 407]
 
                     TITLE 16--COMMERCIAL PRACTICES
 
                   CHAPTER I--FEDERAL TRADE COMMISSION
 
PART 314--STANDARDS FOR SAFEGUARDING CUSTOMER INFORMATION (EFF. 5-23-03)--Table of Contents
 
Sec. 314.1  Purpose and scope.

    (a) Purpose. This part, which implements sections 501 and 505(b)(2) 
of the Gramm-Leach-Bliley Act, sets forth standards for developing, 
implementing, and maintaining reasonable administrative, technical, and 
physical safeguards to protect the security, confidentiality, and 
integrity of customer information.
    (b) Scope. This part applies to the handling of customer information 
by all financial institutions over which the Federal Trade Commission 
(``FTC'' or ``Commission'') has jurisdiction. This part refers to such 
entities as ``you.'' This part applies to all customer information in 
your possession, regardless of whether such information pertains to 
individuals with whom you have a customer relationship, or pertains to 
the customers of other financial institutions that have provided such 
information to you.