 For financial information, the Federal Trade Commission permits its circulation if it is de-identified and aggregated.The Gramm Leach Bliley Act (GLBA), which mandates financial institutions give consumers the opportunity to opt out of having their information shared with third parties, does not cover de-identified data if the information is aggregate and does not contain personal identifiers, since this data is not treated as personally identifiable information.In terms of university records, authorities both on the state and federal level have shown an awareness about issues of privacy in education and a distaste for institutions' disclosure of information.