What Is The Main Purpose Of Gramm-Leach-Bliley Act? The Gramm-Leach-Bliley Act requires financial institutions – companies that offer consumers financial products or services like loans, financial or investment advice, or insurance – to explain their information-sharing practices to their customers and to safeguard sensitive data. What are the three arms of GLBA? The three sections
Why Did FDR Create The Federal Deposit Insurance Corporation And The Securities And Exchange Commission? The SEC was created in 1934 as one of President Franklin Roosevelt’s New Deal programs to help fight the devastating economic effects of the Great Depression and prevent any future market calamities. Why the Federal Deposit Insurance Corporation was created?
What Is The Purpose Of The Federal Deposit Insurance Corporation? The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by Congress to maintain stability and public confidence in the nation’s financial system. What is the main function of the Federal Deposit Insurance Corporation? The FDIC insures deposits; examines and supervises financial institutions for