What can a licensee state if it reserves the right to disclose all nonpublic personal financial information it collects?

In the context of nonpublic personal financial information, if a licensee reserves the right to disclose all such information it collects, it is sufficient for them to simply state that they reserve the right to disclose this information without needing to describe specific categories. This aligns with regulatory practices that allow a general statement regarding disclosure rights, as long as the licensee adheres to other necessary standards of transparency and consumer protection.

The option allows for flexibility in how the licensee communicates its policies, as long as the consumer is informed that such practices are in place. This can streamline communications and reduce the burden on the licensee compared to more stringent requirements, such as having to specify each category of information disclosed or obtaining written consent for every instance of disclosure.