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Reform of the Financial Services Industry - Analysis of Gramm-Bliley-Leach Act

PublisherSouthern Academy of Legal Studies in Business
Format46.2KB PDFDate added28 Oct 2002
Topics Gramm-Leach-Bliley Act
Downloads185

What has changed in the financial services sector is the use of less visible strategic alliances or marketing agreements subject to the privacy disclosures required by the Gramm-Leach-Bliley Act. A broad perspective of the U.S. financial services industry suggests that while the Act is a landmark piece of legislation, it does not mark a new structure of the industry, but instead, confirms trends that had been developing through the existing regulatory process.

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