Question: QUESTION 3 9 The Gramm - Leach - Bliley Act was passed in 1 9 9 9 by the U . S . Congress to

QUESTION 39
The Gramm-Leach-Bliley Act was passed in 1999 by the U.S. Congress to allow:
financial institutions to offer full financial services, such as insurance and investment banking, as well as traditional commercial banking.
financial institutions to be sued by stockholders for off-balance sheet accounting errors.
savings and loans to compete with commercial banks in both the commercial banking arena and mortgage loans.
European banks to acquire U.S. financial institutions.
QUESTION 39 The Gramm-Leach-Bliley Act was passed in 1999 by the

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