Question: Question 1 1 0 . 3 pts Identify the action taken by OCC and the Federal Reserve in 1 9 9 7 , to expand

Question 11
0.3 pts
Identify the action taken by OCC and the Federal Reserve in 1997, to expand the permitted activities of bank holding companies.
Repealed the Glass-Steagall barriers between commercial banking and investment banking.
Allowed commerclat banks to acquire directly existing investment banks.
Allowed investment banks to offer banking products.
Allowed investment banks to offer deposit products.
All of the options.
Question 1 1 0 . 3 pts Identify the action taken

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