Financial Services Modernization: Gramm-Leach-Bliley Act of 1999..

1999. Financial Services Modernization: Gramm-Leach-Bliley Act of 1999. Law and Explaination. Kenneth R. Benson et al. Chicago, Ill.: CCH, 1999. 285 pp. Softbound. As new, excellent condition. Publisher's Price $45. Special $15. * Signed into law on November 12, 1999, this act represents the most sweeping reform of financial services regulation in over sixty years. It permits the creation of new financial services holding companies that can offer a full range of financial products under a strong regulatory regime based on the principle of functional regulation. The legislation eliminates legal barriers to affliations among banks and securities firms, insurance companies, and other financial services companies.