What must a licensee do to satisfy the requirement for categorizing nonpublic personal financial information it discloses?

To satisfy the requirement for categorizing nonpublic personal financial information disclosed by a licensee, it is essential to categorize that information according to its source and provide examples. This approach ensures clarity and helps individuals understand what type of information is being shared, where it comes from, and how it is relevant to their personal financial situation.

Categorizing information by source enhances transparency and allows consumers to make informed decisions regarding their privacy. It provides a framework for understanding the types of information collected, such as financial records, transaction details, or personal identifiers. By offering examples, the licensee can further clarify the nature of the information, helping individuals comprehend what kind of nonpublic personal financial data is at play.

The other options do not meet the specific requirements of categorization. A general overview lacks the necessary specificity to convey an understanding of what financial information is being disclosed. Listing individuals who have access may raise privacy concerns without addressing the classification of the information itself. Declaring the purpose for collecting the information, while important for transparency, does not fulfill the requirement to categorize the information disclosed according to its source with real-world examples.