Provisions of the Gramm-Leach-Bliley Act (GLBA) include all of the following except:
A) authorized financial holding companies that could engage in a broad array of financial and nonfinancial activities
B) authorized banks to underwrite and market municipal revenue bonds
C) authorized banks to own or control financial subsidiaries that engage in activities that national banks are not permitted to engage in; prior approval must received by the Office of the Controller of the Currency
D) repeal of the "too-big-to-fail" doctrine
Correct Answer:
Verified
Q43: Prior to 1989, the S&L industry was
Q44: Why have depository institutions been regulated?
A)because the
Q45: Credit crunches occur when
A)the quantity supplied of
Q46: According to the "too-big-to-fail" doctrine, a bank
Q47: The Federal Deposit Insurance Corporation Improvement Act
Q49: A/An _ is a bank holding company
Q50: A financial holding company is a bank
Q51: Which of the following acts repealed the
Q52: Which of the following acts merged the
Q53: _ removed many of the regulations established
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