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The Gramm–Leach–Bliley Act (GLBA), also known as the Financial Services Modernization Act of 1999, (Pub. L. 106–102 (text), 113 Stat. 1338, enacted November 12, 1999) is an act of the 106th United States Congress (1999–2001).
An Act to enhance competition in the financial services industry by providing a prudential framework for the affiliation of banks, securities firms, and other financial service providers, and for other purposes; An original bill to enhance competition in the financial services industry by providing a prudential framework for the affiliation of ...
The Gramm–Leach–Bliley Act, also known as the Gramm-Leach-Bliley Financial Services Modernization Act, Pub. L. No. 106–102, 113 Stat. 1338 (November 12, 1999), is an Act of the United States Congress which repealed part of the Glass–Steagall Act of 1933, opening up competition among banks, securities companies and insurance companies ...
It's widely known that cyber-criminals see financial services firms as prime targets in cyber space simply because, as Willie Sutton put it, "that's where the money is." In 2010, a private ...
Clinton signed the bipartisan Financial Services Modernization Act or GLBA in 1999. [41] It allowed banks, insurance companies and investment houses to merge and thus repealed the Glass-Steagall Act which had been in place since 1932. It also prevented further regulation of risky financial derivatives.
The Glass–Steagall Act of 1933 placed a "wall of separation" between banks and brokerages, which was largely repealed by the Financial Services Modernization Act of 1999. The bill was enacted during the Great Depression, which began with the Wall Street Crash of 1929.
President-elect Donald Trump is expected to overhaul U.S. financial regulators, which under Democratic President Joe Biden have pursued a slew of stringent new rules for banks, private funds and ...
Accenture Awarded Financial Modernization Contract From U.S. National Science Foundation ARLINGTON, Va.--(BUSINESS WIRE)-- The U.S. National Science Foundation (NSF) has awarded Accenture Federal ...