When President Clinton signed the Gramm-Leach-Bliley Act into law in November, financial and legal pundits predicted vast restructuring and consolidation in the financial services industry, with banks, securities firms and insurance companies forming alliances and repositioning themselves to provide one-stop financial shopping for consumers.

Yet as the calendar creeps closer to the law’s March 11 effective date, one thing is certain: Any fundamental changes the law may cause in the financial services industry will not happen overnight.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]