Financial Services Modernization Act (1999)
- Financial Services Modernization Act (1999)
Legislation enacted in the USA that removed the restrictions on banks undertaking securities business that had been imposed by the Glass-Steagall Act (1933). It also empowered companies to set up financial holding companies to supply banking, insurance, and investment services.
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Financial Services Modernization Act (1999) — Gramm Leach Bliley Act Legislation enacted in the USA that removed the restrictions on banks undertaking securities business that had been imposed by the Glass Steagall Act (1933). It also empowered companies to set up financial holding companies … 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 The GLBA repealed provisions of the Banking Act of 1933 (Glass Steagall Act) which prohibited one institution from acting as an investment bank,… … Law dictionary
Financial Services Modernization Act — 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… … Wikipédia en Français
Financial Services Modernization Act Of 1999 — A law that works to partially deregulate the financial industry. The Financial Services Modernization Act of 1999 allows companies working in the financial sector to integrate their operations and invest in each others businesses and consoldiate … 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 12 novembre 1999. Elle met en place… … Wikipédia en Français
financial holding company — USA Financial holding companies are entities created by the Financial Services Modernization Act of 1999 (Also known as the Gramm Leach Bliley Act (the Act)) that may engage in a broader range of financial activities than previously allowed. Such … 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
Commodity Futures Modernization Act of 2000 — The Commodity Futures Modernization Act of 2000 (CFMA) is United States federal legislation that officially ensured the deregulation of financial products known as over the counter derivatives. It was signed into law on December 21, 2000 by… … Wikipedia
Glass-Steagall Act (1933) — US legislation that separated commercial banking and securities operations by banks. It was introduced in the aftermath of the great stock market crash of 1929 to lessen the likelihood of such panics occurring again. It has been extensively… … Big dictionary of business and management
Glass-Steagall Act (1933) — US legislation that separated commercial banking and securities operations by banks. It was introduced in the aftermath of the great stock market crash of 1929 to lessen the likelihood of such panics occurring again. It has been extensively… … Big dictionary of business and management