Gramm-Leach Bliley Act of 1999
- Gramm-Leach Bliley Act of 1999
Gramm-Leach Bliley Act of 1999 ( GLBA)
Major banking legislation designed to significantly enhance the powers and authority of financial institutions by allowing the formation of new financial holding companies. Financial holding companies are authorized to engage in: underwriting and selling insurance and securities, conducting both commercial and merchant banking, investing in and developing real estate and other "complimentary activities." The statute also restricts the disclosure of nonpublic customer information by financial institutions and provides the major financial regulators with increased authority. American Banker Glossary
Financial and business terms.
2012.
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Gramm-Leach-Bliley Act of 1999 - GLBA — A regulation that Congress passed on November 12, 1999, which attempts to update and modernize the financial industry. The main function of the Act was to repeal the Glass Steagall Act that said banks and other financial institutions were not… … Investment dictionary
Gramm-Leach-Bliley Act — Financial Services Modernization Act de 1999 Le Gramm Leach Bliley Act Financial Services Modernization Act de 1999 est une loi américaine votée par le Congrès, dominé par une majorité républicaine, et promulguée par l administration Clinton le… … Wikipédia en Français
Gramm-Leach-Bliley Act — (GLBA) USA Also known as the Financial Services Modernization Act of 1999. The GLBA repealed provisions of the Banking Act of 1933 (Glass Steagall Act) which prohibited one institution from acting as an investment bank, commercial bank and… … Law dictionary
Gramm-Leach-Bliley Act — The Gramm Leach Bliley Act , also known as the Gramm Leach Bliley Financial Services Modernization Act , USStatute|106|102|113|1338|1999|11|12, is an Act of the United States Congress which repealed part of the Glass Steagall Act, opening up… … Wikipedia
Gramm-Leach-Bliley Act Financial Services Modernization Act de 1999 — Le Gramm Leach Bliley Act Financial Services Modernization Act de 1999 est une loi américaine votée par le Congrès, dominé par une majorité républicaine, et promulguée par l administration Clinton le 12 novembre 1999. Elle met en place… … Wikipédia en Français
Gramm-Leach-Bliley Act — See Financial Services Modernization Act (1999) … Big dictionary of business and management
Financial Services Modernization Act of 1999 — Gramm Leach Bliley Act (GLBA) USA Also known as the Financial Services Modernization Act of 1999. The GLBA repealed provisions of the Banking Act of 1933 (Glass Steagall Act) which prohibited one institution from acting as an investment bank,… … Law dictionary
1999 — Cette page concerne l année 1999 (MCMXCIX en chiffres romains) du calendrier grégorien. Années : 1996 1997 1998 1999 2000 2001 2002 Décennies : 1960 1970 1980 1990 2000 2010 2020 Siècles … Wikipédia en Français
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Phil Gramm — This article is about the American politician. For other persons of the same name, see Philip Graham (disambiguation). William Philip Gramm United States Senator from Texas In office January 3, 1985 … Wikipedia
