Privacy Protection Act of 2005

Privacy Protection Act of 2005 - Amends the Gramm-Leach-Bliley Act to exclude from the definition of "financial institution" (thus exempting from the requirements of the Act) any provider of financial services, or any of its affiliates, that is subject to regulation of client confidentiality in the form of state or territorial statute, regulation, or judicial decision prohibiting unauthorized disclosure of confidential client information without client consent.