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  1. The Glass–Steagall legislation describes four provisions of the United States Banking Act of 1933 separating commercial and investment banking. [1] . The article 1933 Banking Act describes the entire law, including the legislative history of the provisions covered.

  2. Banking Act of 1933; GlassSteagall Act (especially when referring to the separation of commercial and investment banking in Sections 16, 20, 21, and 32) Enacted by: the 73rd United States Congress: Effective: June 16, 1933: Citations; Public law: Pub. L. 73-66: Statutes at Large: 48 Stat. 162 (1933) Codification; Acts amended: Federal ...

  3. 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.

  4. 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....

  5. 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...

  6. Oct 14, 2015 · By Neil Irwin. Oct. 14, 2015. Eight times in Tuesday night’s Democratic debate, candidates mentioned a law that Congress passed in 1933, was signed by Franklin Delano Roosevelt, and hasn’t been...

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