Multiple Choice
The Gramm-Leach-Bliley Act ________.
A) is created to monitor banks on a regular basis to ensure that they were safe and sound
B) allows business combinations between commercial banks and investment banks, but not insurance companies
C) allows business combinations between commercial banks, investment banks, and insurance companies
D) was signed during the Great Depression because of the financial crisis
Correct Answer:
Verified
Correct Answer:
Verified
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