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Public Comment, Model Privacy Form, Wells Fargo

Public Comment, Model Privacy Form, Wells Fargo 2025

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The document is a comment letter from Wells Fargo & Company regarding the Interagency Proposal for a Model Privacy Form under the Gramm-Leach-Bliley Act. It expresses support for simplifying privacy disclosures but raises significant concerns about the proposed format and content requirements, which could lead to increased costs and hinder widespread adoption by financial institutions. Wells Fargo urges the Agencies to revise the Model to allow for greater flexibility, accuracy in describing information practices, and to consider environmental impacts before finalizing the proposal.

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Public Comment, Model Privacy Form, Wells Fargo 2025

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