What can a licensee state if it does not disclose nonpublic personal financial information about customers to third parties?

When a licensee has not disclosed nonpublic personal financial information about its customers to third parties, it is permissible for the licensee to state that it does not make such disclosures. This statement highlights the licensee's commitment to customer privacy and confidentiality regarding sensitive financial information, which is an important aspect of regulatory compliance and customer trust.

The ability to make this declaration serves to assure customers that their personal information remains secure and is not shared without their consent. This practice aligns with privacy regulations that protect consumer data and reflect a commitment to ethical business practices. A simple affirmation of non-disclosure is often sufficient to inform customers of the licensee's practices without the need to delve into details about the reasons for non-disclosure or alternatives available to customers, which are not required in this context.

Thus, the response accurately conveys the licensee's policy on the treatment of nonpublic personal financial information without additional complexity, fostering transparency in the relationship between the licensee and its customers.