Which regulation governs the disclosure of private customer information?

The Gramm-Leach-Bliley Act is the regulation that specifically governs the disclosure of private customer information. This law, enacted in 1999, primarily aims to protect consumers' personal financial information held by financial institutions. It requires these institutions to implement privacy policies and practices, informing customers about the types of information collected and how it may be shared with third parties.

Under the Gramm-Leach-Bliley Act, financial institutions must provide privacy notices to customers, allowing them to understand their rights regarding the confidentiality of their information and to opt out of certain disclosures if they choose. This protection of personal information is crucial in maintaining consumer trust and ensuring compliance with privacy standards.

The other regulations mentioned serve different purposes. The Fair Lending Act focuses on preventing discrimination in lending practices, the Bank Secrecy Act is primarily aimed at combating money laundering and financial crimes, and the Equal Credit Opportunity Act prohibits discrimination in credit transactions. Each of these has significance in their respective areas but does not specifically govern the disclosure of private customer information in the same way that the Gramm-Leach-Bliley Act does.