Penalties for violating GLB can include which of the following?

Penalties for violating GLB can include which of the following?

• A. Only civil penalties
• B. Only imprisonment without fines
• C. All of the above
• D. No penalties are specified

Answer: (D)

The key idea here is that the GLB Act itself does not spell out a specific penalty structure. It focuses on privacy protections and notice requirements, while enforcement and any sanctions come through regulators under other statutes and implementing regulations. Because the text of GLB doesn’t enumerate penalties, the option that implies no penalties are specified within GLB is the best fit. In practice, penalties (civil fines, criminal penalties, etc.) can arise from other laws and enforcement actions, but not from GLB’s own provisions alone.

The key idea here is that the GLB Act itself does not spell out a specific penalty structure. It focuses on privacy protections and notice requirements, while enforcement and any sanctions come through regulators under other statutes and implementing regulations. Because the text of GLB doesn’t enumerate penalties, the option that implies no penalties are specified within GLB is the best fit. In practice, penalties (civil fines, criminal penalties, etc.) can arise from other laws and enforcement actions, but not from GLB’s own provisions alone.