Multiple Choice
In regards to the Gramm-Leach-Bliley Act (GLB) , which of the below statements is FALSE?
A) The GLB removed the 50-year-old "anti-affiliation restrictions" among commercial banks, investment banks, and insurance companies.
B) The GLB is asserted to be a reason for the accelerated demutualization of insurance companies.
C) The GLB prevented a single organization from having complete control over the sources of corporate funding.
D) The GLB has facilitated and accelerated affiliations among these three types of institutions.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Insurance products can be sold to individuals
Q3: There are many differences among the various
Q4: Traditionally, insurance companies have been stock, but
Q5: Insurance companies often have different distribution systems
Q6: A _ is similar in structure to
Q8: Which of the below is TRUE of
Q9: The complication in determining the value of
Q10: The first major investment-oriented product developed by
Q11: Insurance companies are really a composite of
Q12: Mutual insurance companies can adopt a longer