A financial holding company (FHC) ,defined as a special type of holding company that may offer the broadest range of financial services such as securities and insurance activities,was allowed under which act?
A) Riegle-Neal Interstate Banking and Branching Efficiency Act
B) The Competitive Equality in Banking Act
C) The Basel Agreement
D) The FDIC Improvement Act
E) The Gramm-Leach-Bliley (Financial Services Modernization) Act
Correct Answer:
Verified
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A)is
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