☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Glass-Steagall Act

The 1933 law separating commercial banking from investment banking — prohibiting banks from engaging in securities underwriting and dealing. Partially repealed by the Gramm-Leach-Bliley Act (1999).

Category: Banking & Finance · Source: Banking Act of 1933
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