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Reg P 1016.7-1016.10 — Opt-out of sharing with nonaffiliated third parties

high consentopt-out-of-salethird-party

Requirement

Before disclosing nonpublic personal information to a nonaffiliated third party outside the statutory exceptions, the institution gives the consumer notice and a reasonable opportunity to opt out (for example 30 days and a toll-free number or online form), and honours opt-outs promptly.

What the engine looks for

Every group below must be satisfied — by an affirmative statement, not a plan, a hedge or a denial — for the control to count as covered. A term ending in … matches any word it begins. Supporting terms do not change the verdict — they raise confidence and distinguish a policy that names a mechanism from one that gestures at a category.

Required element 1 — any one of
opt outopt-outopt outs
Required element 2 — any one of
nonaffiliatednon-affiliatedthird partiesthird partysharesharingdisclosedisclosure
Supporting terms — specificity signals
1016.71016.1030 daystoll-freereasonable opportunityhonor…honour…
Contradiction markers

Finding any of these outranks coverage — a policy that admits the gap is worse than silence.

cannot opt out no way to opt out

Equivalent controls elsewhere

Matched on shared topics. Satisfying this control usually moves these too.

FrameworkControlTitleShared topics
CCPA/CPRA 1798.120 Right to opt out of sale and sharing opt-out-of-sale consent
CCPA/CPRA Regs 7025 Honour opt-out preference signals (Global Privacy Control) opt-out-of-sale consent
COPPA 312.5(a)(2) Separate consent before disclosing children's data to third parties consent third-party
GDPR Art.6 Lawful basis for processing consent
GDPR Art.7 Conditions for consent consent
GDPR Art.8 Conditions for a child's consent to online services consent
GDPR Art.14 Information when data is not obtained from the data subject third-party
GDPR Art.19 Notifying recipients of rectification, erasure or restriction third-party