A bank employee sold customers personal identification to a third party what law did the employee break?

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24 May, 11:11

A bank employee sold customers personal identification to a third party what law did the employee break?

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Lincoln Hammond · Answer 1

This employee broke the Financial Privacy Act Law. This act was established in 1978 and gives customers of Financial Institution a better law of privacy from the Government itself. This law happened because to provide more security to workers and customers of all kind, even if they had a bad job in the society.

Mark Patton · Answer 2

The answer is "B. Right to Financial Privacy Act".

The Right to Financial Privacy Act (RFPA) was established in 1978. It is managed for consistence by the government administrative organization which has statutory expert for the subject money related establishment (a budgetary specialist organization of different kinds). The RFPA by and large covers central Government expert solicitations for budgetary records of an individual (an individual or organization of five or less people) or client (an individual who utilizes or has utilized the administration of a money related specialist co-op and for whom the supplier has acted in a trustee limit by keeping up a record in the individual's name).