☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Glass-Steagall (Detail)

The Banking Act of 1933 — separating commercial banking from investment banking. Repealed in 1999 by Gramm-Leach-Bliley, which allowed banks to engage in securities and insurance.

Category: Banking Regulation · Source: Banking Act of 1933; Gramm-Leach-Bliley Act (1999)
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