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Location PART 2 - FOUR HIDDEN CHIMNEYS CHAPTER 8: THE SHIELD OF SCREWTAPE The Naughty Bill

"The 1999 Gramm-Leach-Bliley Act repealed key Glass-Steagall restrictions on affiliations between banks and securities firms."

Federal Reserve History records that Congress passed and Clinton signed Gramm-Leach-Bliley in November 1999, repealing major Glass-Steagall restrictions and enabling financial holding companies spanning banking, securities, and insurance.

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Source title Financial Services Modernization Act of 1999 (Gramm-Leach-Bliley)
Source authors Joe Mahon
Source year 2013
Confidence high
Importance high
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