The Gramm-Leach-Bliley Act

The Gramm-Leach-Bliley Act:

A) Repealed the Reigle-Neal Interstate Banking and Branching Efficiency Act
B) Repealed the Glass-Steagall Act's prohibition of mergers between commercial banks and insurance or securities firms
C) Repealed the McFadden Act's restriction on bank branching
D) Reinforced the Glass-Steagall Act's limitation on commercial banks' availability to merge with insurance or securities firms by increasing the penalties for doing so

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