Which act limited the activities a company could engage in if it owned a bank? – 2020 | 2021 – What : The Most Trusted Place for Answering Life's Questions

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Which act limited the activities a company could engage in if it owned a bank?

a. Federal Reserve Act
b. Bank Holding Company Act
c. McFadden Act
d. Glass-Steagall Act
e. Competitive Equality

Answer: The correct answer is Bank Holding Company Act

Which act limited the activities a company could engage in if it owned a bank? – 2020 | 2021