The commonly used name for The Financial Services Modernization Act of 1999. The act re-organized financial services regulation in the United States and applies broadly to any company that is “significantly engaged” in financial activities in the U.S. In its privacy provisions, GLBA addresses the handling of non-public personal information, defined broadly to include a consumer’s name and address, and consumers’ interactions with banks, insurers and other financial institutions. GLBA requires financial institutions to securely store personal financial information; give notice of their policies regarding the sharing of personal financial information, and give consumers the ability to opt-out of some sharing of personal financial information.