Under the Gramm-Leach-Bliley Act states retain regulatory authority over
A)bank holding companies.
B)securities activities.
C)insurance activities.
D)bank subsidiaries engaged in securities underwriting.

Question

Quizplus · Accepted Answer

The Gramm-Leach-Bliley Act allows states to continue to retain regulatory authority over insurance activities. The act does not give states regulatory authority over bank holding companies, securities activities, or bank subsidiaries engaged in securities underwriting.

Under the Gramm-Leach-Bliley Act States Retain Regulatory Authority Over