Which of the following repealed the last vestiges of 1930s financial markets regulations?

Question

Quizplus · Accepted Answer

The Gramm-Leach-Bliley Financial Services Act, passed in 1999, repealed the remaining regulations from the 1930s that were put in place to prevent excessive risk-taking and protect consumers in the financial markets. The Glass-Steagall Act, on the other hand, was a previous regulation that separated commercial and investment banking activities but was repealed in 1999 as part of the Gramm-Leach-Bliley Act. The Federal Deposit Insurance Corporation Act and the Bank Holding Company Act are related to regulatory oversight of banks but do not address the repeal of 1930s financial market regulations.

Which of the Following Repealed the Last Vestiges of 1930s