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Political Factoid

Reasons financial institutions may share your personal information with others. Do they share it? Can you limit this sharing?
For their everyday business purposes, such as to process your inquiries, transactions, maintain you account, respond to court orders and legal investigations, or report to credit bureaus Absolutely Of course not
For their marketing purposes to pitch their products and services to you Some info Probably not
For joint marketing with other financial companies Of course they do Of course you can't
For the everyday business purposes of their "affiliates" -- information about your transactions and experiences Naturally You've got to be kidding
-- information about your creditworthiness Indirectly Not really
For non-affiliates to market to you
-- for clients with accounts established with their representatives located at banks and other financial firms No n/a
-- for clients with accounts established with their independent representatives Certainly* Maybe**
 
* If your independent representative terminates her or his relationship with us and moves to another brokerage or investment firm, we or your independent representative may disclose your personal information to the new firm -- unless ....**
** If you have filled out completely and signed the proper paperwork and it is on file with their firm's corporate offices, ... and keep your fingers crossed.
 
cf. How
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Last updated * 2016-09-09
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