Understanding the banking industry under the Gramm-Leach-Bliley Act

On November 4, 1999, President Clinton signed into law the Gramm-Leach-Bliley Act of 1999 (GLBA). This legislation drastically changed the landscape of the legal and regulatory structure for financial services industry in the US. To help navigate through the myriad of provisions in GLBA, charts are...

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Veröffentlicht in:Banking Policy Report 2000-02, Vol.19 (4), p.1
Hauptverfasser: Eisert, Edward G, Lustgarten, Issac B, Watterson, Paul N, Kaplan, Lynn
Format: Artikel
Sprache:eng
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Zusammenfassung:On November 4, 1999, President Clinton signed into law the Gramm-Leach-Bliley Act of 1999 (GLBA). This legislation drastically changed the landscape of the legal and regulatory structure for financial services industry in the US. To help navigate through the myriad of provisions in GLBA, charts are presented which provide a succinct outline of the new activities and regulations with respect to banking holding companies, financial holding companies, unitary thrift holding companies, and national banks.
ISSN:1530-499X