The 1999 Gramm-Leach-Bliley Act Allowed Banks To

question 19

Multiple Choice

The 1999 Gramm-Leach-Bliley Act allowed banks to:

• A)engage in subprime lending.
• B)sell insurance.
• C)become more involved in investment bank activities.
• D)underwrite government bonds.
• E)choose between commercial and investment bank activities.

---

Definitions:

Confederacy

The group of eleven southern states that seceded from the United States from 1860-1861, forming the Confederate States of America and initiating the Civil War.

Native Americans

Native Americans are the indigenous peoples of the United States, including both the tribes that have been living in North America for thousands of years and their diverse cultures and societies.

Cherokee Slaveholders

Members of the Cherokee Nation who owned African American slaves, particularly before the Civil War.