Multiple Choice
Provisions of the Gramm-Leach-Bliley Act (GLBA) include all of the following except:
A) authorized financial holding companies that could engage in a broad array of financial and nonfinancial activities
B) authorized banks to underwrite and market municipal revenue bonds
C) authorized banks to own or control financial subsidiaries that engage in activities that national banks are not permitted to engage in; prior approval must received by the Office of the Controller of the Currency
D) repeal of the "too-big-to-fail" doctrine
Correct Answer:

Verified
Correct Answer:
Verified
Q21: The Garn-St. Germain Depository Institutions Act was
Q22: Prior to 1989, the S&L industry was
Q23: Insured S&Ls are regulated in some way
Q24: Which act set uniform and universal reserve
Q25: Which act authorized financial holding companies?<br>A)Gramm-Leach-Bliley Act
Q27: The Emergency Economic Stabilization Act of 2008
Q28: Credit crunches occur when<br>A)the quantity supplied of
Q29: _merged the deposit insurance funds.<br>A)The Financial Institutions
Q30: Before the 1980s, regulations encouraged which of
Q31: Which of the following financial intermediaries had