About this document
Overview of the Glass-Steagall Act by Bulankov Oleg is a document available to read on EtoBox.
The document is a summary of the Banking Act of 1933, also known as the Glass Act, which was approved on June 16, 1933. Some key points of the Act include strengthening regulations on interbank control and the use of bank assets to prevent speculative activities. It also allows state member banks to establish branches within the US similarly to national banks. The Act further amends provisions to allow mutual savings banks without capital stock to join the Federal Reserve System by depositing required amoun
- Author
- Bulankov Oleg
- Language
- EN