Financial Services Modernization Act

GPTKB entity

Statements (59)
Predicate Object
gptkbp:instance_of gptkb:legislation
gptkbp:amends gptkb:Glass-Steagall_Act
gptkb:Federal_Home_Loan_Bank_Act
Bank Holding Company Act
gptkbp:associated_with gptkb:2008_financial_crisis
gptkbp:controversy increased risk of financial crises
gptkbp:date_enacted gptkb:1999
gptkbp:effective_date March 11, 2000
gptkbp:enacted_by gptkb:United_States_Congress
gptkbp:encouraged cross-industry mergers
gptkbp:establishes new regulatory framework
gptkbp:facilitates mergers between financial institutions
gptkbp:has_sections gptkb:3
https://www.w3.org/2000/01/rdf-schema#label Financial Services Modernization Act
gptkbp:impact financial services industry
gptkbp:includes provisions for anti-money laundering
provisions for consumer protection
provisions for privacy protection
gptkbp:increased financial institution size
gptkbp:influenced subsequent financial legislation
gptkbp:influenced_by 1990s financial deregulation trends
gptkbp:is_analyzed_in policy analysts
gptkbp:is_cited_in gptkb:legal_case
gptkbp:is_criticized_for economists
lack of consumer protections
gptkbp:is_debated_in gptkb:United_States_Congress
gptkbp:is_discussed_in academic literature
gptkbp:is_evaluated_by financial experts
gptkbp:is_examined_in regulatory bodies
gptkbp:is_legislation_opposed_by regulatory reform advocates
gptkbp:is_opposed_by consumer advocacy groups
gptkbp:is_part_of U. S. financial regulatory framework
gptkbp:is_referenced_in financial reports
gptkbp:is_related_to gptkb:financial_regulation
gptkbp:is_reviewed_by think tanks
gptkbp:is_studied_in law schools
gptkbp:is_supported_by gptkb:financial_institutions
banking lobbyists
gptkbp:led_to consolidation in the banking industry
gptkbp:legislation gptkb:financial_institutions
financial services industry
consumer protection advocates
allowed for new business models
changed financial landscape
long-term implications for economy
short-term benefits for banks
gptkbp:promotes competition in financial services
gptkbp:purpose repeal restrictions on affiliations between banks, securities firms, and insurance companies
gptkbp:regulates gptkb:financial_services
gptkbp:related_to deregulation
gptkbp:replaced_by gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
gptkbp:requires financial institutions to disclose information
privacy notices from financial institutions
gptkbp:resulted_in greater systemic risk
gptkbp:signed_by gptkb:Bill_Clinton
gptkbp:title gptkb:Gramm-Leach-Bliley_Act
gptkbp:bfsParent gptkb:Bill_Clinton's_administration
gptkb:Clinton_presidency
gptkbp:bfsLayer 5