Help ensure your financial records are kept private and secure. from: Matt Howes, National Internet Organizer, ACLU

In reaction to a strong financial privacy law adopted earlier this year in California, big banks, insurance companies and other financial firms are pressuring Congress to pass legislation that would set a low national standard for our financial privacy.

Current federal law allows widespread distribution of your private information among financial institutions. Under legislation being considered by the Senate, financial institutions would be able to continue selling and sharing details of your personal financial life without your approval. This includes all of the financial and personal information that banks, mortgage companies and other financial institutions possess.

But some Senators are fighting back. A proposed amendment to the bill would restrict the amount of information available for sharing and would allow you to indicate that you do not want your information to be released.

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