This topic contains a solution. Click here to go to the answer

Author Question: Which of the following was the major outcome of the Financial Services Modernization Act of 1999? A) ... (Read 51 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
Which of the following was the major outcome of the Financial Services Modernization Act of 1999?
 A) It reversed the Glass-Steagall Act's prohibition of commercial banks selling insurance or acting as investment banks.
  B) It established the Federal Reserve Insurance Corporation, which insured depositors against financial losses when a bank failed.
  C) It prohibited misrepresentation or other forms of fraud in the sale of newly issued stocks and bonds.
  D) It required that all publicly traded firms with at least 500 shareholders and 10 million in assets file quarterly and annual financial reports with the SEC.

Question 2

The various types of businesses attracting small business are generally grouped into service industries, distribution industries, and financial industries.
 
 Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rosiehomeworddo

  • Sr. Member
  • ****
  • Posts: 306
Answer to Question 1

A

Answer to Question 2

False




tsand2

  • Member
  • Posts: 520
Reply 2 on: Jul 14, 2018
:D TYSM


apple

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

For a complete list of videos, visit our video library