Major provisions of the Financial Services Modernization Act of 1999 include all of the following except
A) allowing bank holding companies to open insurance underwriting affiliates and vice versa.
B) allowing bank holding companies to open or merge with investment banks.
C) creating one regulator to oversee all activities of financial service firms.
D) all of the options are included
Correct Answer:
Verified
Q9: There were a greater number of bank
Q14: Banks are generally prohibited from making loans
Q17: The CRA of 1977 and the HMDA
Q20: The reduction in deposit funds cost to
Q20: The layers of regulation imposed on banks
Q22: The FDIC may require an undercapitalized bank
Q26: Tier I (core)capital includes at least some
Q30: Which of the following would increase the
Q33: Which act led to interstate banking in
Q47: Requiring foreign banks to operate under the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents