Which of the following acts is also widely known as the Gramm-Leach-Bliley Act
A) Financial Services Modernization Act
B) Communications Act
C) Computer Security Act
D) Health Insurance Portability and Accountability Act

Question

Which of the following acts is also widely known as the Gramm-Leach-Bliley Act  
A) Financial Services Modernization Act 
B) Communications Act 
C) Computer Security Act 
D) Health Insurance Portability and Accountability Act

Quizplus · Accepted Answer

The Gramm-Leach-Bliley Act is also commonly known as the Financial Services Modernization Act. This act was passed in 1999 and aimed to remove barriers between different types of financial institutions, allowing them to merge and offer a wider range of services to customers. The act also included provisions for consumer privacy and data protection.

Which of the Following Acts Is Also Widely Known as the Gramm-Leach-Bliley