Misuse of Confidential Financial Information

[Guest Smokin]

My client recently terminated a record keeper. We are concerned that the record keeper will use the confidential financial information it obtained from us to market investment products. Is anyone aware of ERISA litigation on this point or effect of Florida constitutional right of privacy as a means of limiting the use of this information

[K2retire]

Does the record keeping agreement have any provisions relating to confidentiality?

[Guest Smokin]

Does the record keeping agreement have any provisions relating to confidentiality?

It does and specifically states covered by confidentiality provisions of Gramm-Leach-Bliley Act. On termination they agree to give copy