DAR File No. 39969

Insurance, Administration

Rule R590-205

Privacy of Consumer Information Compliance Deadline

Five-Year Notice of Review and Statement of Continuation

DAR File No.: 39969
Filed: 12/04/2015 09:55:36 AM

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Subsections 31A-2-201(2) and 31A-2-201(3)(a) empower the commissioner to administer and enforce Title 31A and to write rules to implement it. Title V, Section 505, 15 U.S.C. 6805, empowers the Utah insurance commissioner to enforce Subtitle A of Title V of the Gramm-Leach-Bliley Act of 1999, 15 U.S.C. 6801 through 6820. Title V, Section 505, 15 U.S.C. 6805(b)(2), authorizes the commissioner to issue rules to implement the requirements of Title V, Section 5501(b) of the federal act. The rule provides an extension to persons and entities under jurisdiction of the department that are required to adopt policies, procedures, and controls to prevent the unauthorized disclosure of personal nonpublic information relating to their customers under the Gramm-Leach-Bliley Act of 1999. It also creates a link with the federal law, putting it in force in Utah, providing security in how, if at all, a person's personal, nonpublic information may or may not be disclosed.

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

The department has received no written comments regarding this rule in the past five years.

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

The protections to a customer's personal, nonpublic information still needs to be provided; therefore, this rule must be continued. This rule is also a link to the federal laws that provide protection to an individual's personal, nonpublic information.

The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

Insurance
Administration
Room 3110 STATE OFFICE BLDG
450 N MAIN ST
SALT LAKE CITY, UT 84114-1201

Direct questions regarding this rule to:

• Steve Gooch at the above address, by phone at 801-538-3803, by FAX at 801-538-3829, or by Internet E-mail at [email protected]

Effective:

12/04/2015

Authorized by:

Steve Gooch, Information Specialist