The financial services modernization act

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The Financial Services Modernization Act of 1999 (Gramm-Leach-Bliley Act) basically repealed the Glass-Steagall Act of 1933. Do you believe the passage of this Act was beneficial for the banking industry, or will it be a detriment to the industry in the future? Share your opinion with classmates in the discussion forum.

Reference no: EM13829458

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