Which of the following federal laws permitted financial-service providers to form financial holding companies (FHCs) offering banking, insurance, securities and other services under one controlling corporation and limited the sharing of private consumer data?
A) Financial Services Modernization Act
B) Riegle-Neal Interstate Banking and Branching Efficiency Act
C) Federal Deposit Insurance Corporation
D) Financial Institutions Reform, Recovery and Enforcement Act
E) Garn-St Germain Depository Institutions Act
Correct Answer:
Verified
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