By using this website you allow us to place cookies on your computer. Please read our Privacy Policy for more details.
Publication Date: April 2004
Publisher: Library of Congress. Congressional Research Service
Author(s):
Research Area: Business
Type:
Abstract:
Congress passed the Gramm-Leach-Bliley Act in 1999, anticipating wholesale integration in financial services. Since then, markets have not really integrated, and regulatory silos -- with few exceptions -- remain intact. Congress is now exploring federal standards for some aspects of state regulation of insurance. This report was written under the supervision of Barbara Miles, Government and Finance Division, and will be updated as events warrant.