Which regulation relates to safe practices under bank protection acts?

Regulation P is the correct answer as it governs the privacy and confidentiality of consumer financial information. It is primarily concerned with how institutions must handle nonpublic personal information of customers and emphasizes the security measures that financial institutions must adopt to protect sensitive data, aligning with the objectives of bank protection acts.

By enforcing disclosure requirements and allowing consumers to opt-out of certain information sharing practices, Regulation P plays a crucial role in ensuring that financial institutions implement safe practices in their operations. This directly corresponds to the concept of safeguarding customer information and maintaining trust, which is a fundamental aspect of banking protections.

The other regulations mentioned serve different purposes. Regulation S pertains to the regulation of securities offerings, not directly linked to consumer privacy. Regulation T deals with the extension of credit by broker-dealers and the regulation of securities transactions, while Regulation Q involves limitations on interest rates banks can pay on deposits, which does not address bank protection or data security practices. Thus, Regulation P stands out as the regulation directly related to safe practices under the bank protection acts.