November 12, 1999 Gramm-Leach-Bliley Act (0h 51min, nov 12, 1999 y – 7h 25min, nov 18, 1999 y)
Description:
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.Added to timeline:
Date:
0h 51min, nov 12, 1999 y
7h 25min, nov 18, 1999 y
~ 6 days