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Provisions of the Gramm-Leach-Bliley Act (GLBA) Include All of the Following

Question 26

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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

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