Which of the following acts restricted commercial banks from engaging in certain high-risk trading activities and also raised the required capital that banks must hold on their balance sheets?
A) The Federal Deposit Insurance Act
B) The Financial Services Modernization Act
C) The Gramm-Leach-Bliley Act
D) The Glass-Steagall Act
E) The Dodd-Frank Act
Correct Answer:
Verified
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