What’s the Gramm-Leach-Bliley Act?

The Gramm-Leach-Bliley Act of 1999 allowed financial firms to merge and offer multiple services to customers. It also changed the way consumer information is shared across financial sectors, with provisions in place to protect privacy. Critics argue it contributed to the US economic collapse, but others disagree. The Gramm-Leach-Bliley Act, sometimes referred to as the […]

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