Gramm-Leach-Bliley Financial Modernization Act (GLBA)
Definition
Also known as the Financial Services Modernization Act of 1999, allowed commercial banks, investment banks, securities firms, and insurance companies to consolidate and repealed restrictions on service offerings imposed by the Glass-Steagall Act.
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Mauris finibus odio eu maximus interdum. Ut ultricies suscipit justo in bibendum. Sed eu magna efficitur, luctus lorem ut, tincidunt arcu. Praesent varius sit amet erat hendrerit placerat. In posuere eget ante id facilisis. Integer semper venenatis felis lacinia malesuada.
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— Individual Reference Services Group v. Federal Trade Commission
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