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The Gramm-Leach-Bliley Act (1999) Allows Banks, Security Dealers, and Insurance

question 56

True/False

The Gramm-Leach-Bliley Act (1999) allows banks, security dealers, and insurance companies to combine together to form financial services holding companies.


Definitions:

Germinal

A novel by Émile Zola that highlights the harsh living and working conditions of the mining community in France during the 19th century.

Embryonic

Pertaining to an embryo or the development phase of a living being immediately after fertilization, during which rapid growth and formation of primary structures occur.

Fetal

Pertaining to an unborn offspring within the womb, particularly after the major structures and organs have begun to develop.

Gestation

The period of development between fertilization and birth in viviparous organisms, often referring to human pregnancy.

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