The Financial Services Modernization Act Allowed for

question 106

Multiple Choice

The Financial Services Modernization Act allowed for

• A)the creation of financial services holding companies.
• B)the replacement of all previous regulatory agencies with one super regulator.
• C)the placement of some securities underwriting in bank subsidiaries.
• D)All of the above.
• E)Answers A and C only.

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Definitions:

Chlorpromazine

A phenothiazine drug commonly used for treating schizophrenia. Marketed as Thorazine.

Neuroleptic Malignant Syndrome

A severe, potentially fatal reaction to antipsychotic drugs, marked by muscle rigidity, fever, altered consciousness, and autonomic dysfunction.

Autonomic Dysfunction

A condition where the autonomic nervous system (ANS) does not work properly, affecting bodily functions such as heart rate, blood pressure, and digestion.

Antipsychotic Drugs

Medications aimed at managing psychosis, including schizophrenia and bipolar disorder, by adjusting neurotransmitter levels in the brain.