The Gramm-Leach-Bliley Act was passed in 1999 by the U.S. Congress to allow:
A) financial institutions to offer full financial services, such as insurance and investment banking, as well as traditional commercial banking.
B) financial institutions to be sued by stockholders for off-balance sheet accounting errors.
C) savings and loans to compete with commercial banks in both the commercial banking arena and mortgage loans.
D) European banks to acquire U.S. financial institutions.
Correct Answer:
Verified
Q85: In order to be listed on an
Q86: The first exchange to become a publicly
Q87: The accounting frauds and scandals that took
Q88: In general, markets are efficient when:
A)prices respond
Q89: Secondary markets provide everything except:
A)illiquidity.
B)efficiency.
C)continuity.
D)competition.
Q90: The _ has/have the most restrictive listing
Q91: The Sarbanes-Oxley Act:
A)has reduced the number of
Q93: Why was the Sarbanes-Oxley Act enacted?
Q94: A difference between the primary market and
Q95: The investment banker is responsible for everything
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