When can a licensee disclose nonpublic personal financial information?

The correct answer emphasizes that a licensee can only disclose nonpublic personal financial information when they have obtained express written consent from the individual. This requirement is rooted in privacy laws and regulations that govern the handling of sensitive financial information, protecting consumers' rights and providing them with control over their personal data.

By necessitating express written consent, the regulation ensures that individuals are fully aware of how their information may be used or shared, and it allows them to make informed decisions regarding their privacy. This approach helps maintain trust between the licensee and their clients and establishes a clear framework for compliance with legal standards concerning personal financial information.

While other options might suggest unrestricted disclosure or conditions that lack clarity, the emphasis on written consent reflects legal and ethical practices necessary for safeguarding personal information in the financial realm.