What is the significance of Section 200.04 in relation to disclosures?

The significance of Section 200.04 lies in its outlining of the requirements for disclosures specifically under the exceptions for service providers and joint marketers. This section is crucial as it establishes clear guidelines on how organizations must handle disclosures when working with third parties to ensure that consumers are made aware of how their information is shared and used. The provisions included help maintain transparency and protect consumer rights by mandating that entities inform individuals about these relationships and the purpose of the data sharing. This ensures compliance with regulations designed to safeguard personal information while enabling service providers to fulfill their roles appropriately. Understanding this section is essential for anyone involved in the adjustment process, as it relates directly to ethical practices and consumer protection in the industry.