21-72 The Financial Services Modernization Act allowed for
A) the creation of financial services holding companies.
B) the replacement of all previous regulatory agencies with one super regulator.
C) the placement of some securities underwriting in bank subsidiaries.
D) All of the above.
E) Answers A and C only.
Correct Answer:
Verified
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Q68: 21-62 The banking industry in the U.S.has
Q69: 21-79 If the firm commitment price is
Q70: 21-70 This legislation defines a bank as
Q71: 21-74 How could insurance companies get around
Q73: 21-75 A bank holding company must obtain
Q74: 21-66 The Pecora Commission's findings about the
Q75: 21-73 The Financial Services Modernization Act of
Q76: 21-71 This legislation explicitly stated that banking
Q77: 21-68 Permissible section 20 subsidiary activities include
A)insurance
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