November 12, 1999 Gramm-Leach-Bliley Act (0 ore 51 min, 12 nov 1999 anni – 7 ore 25 min, 18 nov 1999 anni)

Descrizione:

Allows banks to have more control over banking, insurance and securities. The less regulation may lead to more sharing of private financial information which meant a reduction of privacy. The Act requires financial institutions; companies that offer consumers financial products or services like loans, financial or investment advice, or insurance.

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