Which of the Following Was NOT a Result of the Passage

question 92

Multiple Choice

Which of the following was NOT a result of the passage of the Gramm-Leach-Bliley Act?

• A) It repealed the Glass-Steagall Act.
• B) It allowed commercial banks to participate in securities, insurance, and real estate activities.
• C) It authorized new financial holding companies which permitted securities and investment firms to own commercial banks.
• D) It increased the capital requirements for commercial banks.

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Definitions:

Diagnosis

The identification of the nature of an illness or other problem by examination of the symptoms.

Validity

The extent to which a test, tool, or research study measures what it purports to measure.

Mental Disorders

A broad category of conditions affecting mood, thinking, and behavior that impair normal functioning.

Reactivity

The tendency of individuals to modify their behavior when they are aware they are being observed.