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Banking

Aug. 15, 2000

Bank Rules

A new banking law applies to businesses not traditionally considered financial-services companies.

        By Mary Whitney Kenney
        
        The enactment of the Gramm-Leach-Bliley Financial Modernization Act (Public Law 106-102) last year blurred the distinction between banking and other businesses. The act abolished the separation among the banking, insurance and securities industries established by the Depression-era Glass Ste...

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