Insurance Regulation
When must a licensee give a customer the initial privacy notice required by Regulation 169?
Answer and explanation
Answer: B. Regulation 169 requires the initial notice of privacy policies and practices not later than when the licensee establishes a customer relationship, with narrow exceptions permitting a reasonable time afterwards. A thirty day rule, the first anniversary and a request-driven notice are not the standard.Source: New York Reg. 169, 11 NYCRR 420.4 — 11 NYCRR 420.4(a)(1)
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