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question 1 ( 1200 to 1500 ) words please explain all points Discuss the impact of the Financial Services Modernization Act of 1999 on commercial

question 1 ( 1200 to 1500 ) words please explain all points

Discuss the impact of the Financial Services Modernization Act of 1999 on commercial banking operations. Describe the how the act had changed the competitive environment of financial institutions. ( 20 marks )

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