Subject: Financial Privacy

Date:    09/15/2000 10:36 AM
     
     
Dear Rule Maker:
     
I understand that there is a new rule(s) about privacy information held by 
financial institutions.
     
I looked at some of it and there are  pages.
     
But it left out the following:
     
No financial institution should be allowed to profit (either directly or 
indirectly form a closely held company)  from sharing customer information.
     
If you put this in the financial institutions will no longer have an incentive 
to share the information.  I oppose the joint effort sharing loophole.
     
The argument that Information should be shared on searching for heirs etc would 
be covered by the above .
     
Thank you
     
Gary Haas