Until 1999, the ________ Act(s) Prohibited Banks in the United

question 58

Multiple Choice

Until 1999, the ________ Act(s) prohibited banks in the United States from both accepting deposits and underwriting securities.

• A) Sarbanes-Oxley
• B) Glass-Steagall
• C) SEC
• D) Sarbanes-Oxley and SEC
• E) None of the options

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Definitions:

Interests and Values

Personal preferences and principles that guide an individual's decisions and behavior.

Decision Consequence

The outcome or result that follows from a decision.

Directly Affect

To have an immediate and direct impact or influence on something or someone.

Change Competency

The ability of an individual or organization to effectively manage and adapt to change, encompassing skills such as flexibility, strategic planning, and communication.