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What is the Glass-Steagall Act?
How did the Glass-Steagall Act of 1932 get its name?
What was the Glass-Steagal Act of 1933?
How did the Glass-Steagall Act affect investment banks?
The Glass–Steagall legislation describes four provisions of the United States Banking Act of 1933 separating commercial and investment banking. The article 1933 Banking Act describes the entire law, including the legislative history of the provisions covered.
- 1933 Banking Act
Banking Act of 1933; Glass–Steagall Act (especially when...
- Securities Act of 1933
The Securities Act of 1933, also known as the 1933 Act, the...
- 1933 Banking Act
Nov 22, 2013 · June 16, 1933. The Glass-Steagall Act effectively separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation, among other things. It was one of the most widely debated legislative initiatives before being signed into law by President Franklin D. Roosevelt in June 1933.
Jan 25, 2024 · The Glass-Steagall Act of 1933 forced commercial banks to refrain from investment banking activities to protect depositors from potential losses through stock speculation....
Mar 15, 2018 · The Glass-Steagall Act, part of the Banking Act of 1933, was a landmark banking legislation that separated Wall Street from Main Street by offering protection to people who entrust their...
The Glass-Steagall Act, also known as the Banking Act of 1933, formally separated investment banking and commercial banking and prohibited individual banks from engaging in both. Each institution had to declare itself either a commercial bank or an investment bank, and commercial banks had one year to divest themselves of securities affiliates.
