The Gramm-Leach-Bliley Act (GLBA), Passed by the U

The Gramm-Leach-Bliley Act (GLBA) , passed by the U.S.Congress in the year 1999, allows commercial banks to:

A) operate in all foreign countries.
B) open new branches in Cuba.
C) expand their business into other areas of finance, including insurance and selling securities.
D) raise reserve requirements for other financial institutions.
E) eliminate unit banking.