Research Paper on:
Financial Services and the Impact og the Gramm Leach Bliley Act

Unformatted Sample Text from the Research Paper:
limitation of assets of these larger companies may be seen as a single limitation measure. The bibliography cites 5 sources. TEGLBact.eps  The Impact of the Financial Services  Modernization Act of 1999 in the Financial Services Sector Written United Kingdom, April 2001 To Use  This Report Correctly, The role of financial services has been to provide services for both the industrial or commercial  user as well as the domestic user. There have often been debates in the area as to whether or not size is an issue. There are those that believe the  bigger a financial institutions, the better, as it will be more stable and have a more secure grounding. Other have states that the more smaller companies exist the greater the  competition, keeping down prices and increasing the customer services. With the introduction of the Gramm-Leach-Bliley Act it has been argued that there will be a propensity to the amalgamation and  merger of companies, so that the market place will be dominated by large companies. This in turn will result in the necessity for direct government involvement due to the size  of the companies. Therefore the companies may be too big to fail, but this is not the limitation of the potential impact on the industry, and the impact on  the resulting larger companies may also be seen ad far reaching on their customers and the industry in which they operate. Here we will discuss the impact that this may