Which of the following did not result in large scale mergers across the financial industry?
A) Sarbanes- Oxley Act
B) Gramm-Leach-Bliley Act
C) Financial crisis of 2007 -2008

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act, enacted in 2002, was primarily aimed at improving corporate governance and enhancing the accuracy and reliability of corporate disclosures. It did not directly result in large-scale mergers across the financial industry. In contrast, the Gramm-Leach-Bliley Act and the financial crisis of 2007-2008 both played significant roles in facilitating or necessitating mergers and consolidations within the financial sector.

Which of the Following Did Not Result in Large Scale