Gramm Leach Bliley Act Was Passed To
The Gramm-Leach-Bliley Act, often referred to as the GLBA, was passed in 1999 as a significant piece of legislation in the United States aimed at modernizing the financial services industry. This law, also known as the Financial Services Modernization Act, allowed financial institutions to expand their services and combine commercial banking, investment banking, and insurance … Read more