What did the Glass-Steagall Act of 1933 and the Federal Securities Act have in common?.

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asked Jan 9, 2016 150k views

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Dspr · Answer 1 · 2016-01-16T03:40:18+0000

The Glass-Steagall Act of 1933 and the Federal Securities Act regulated banking and finance.

The Glass-Steagall Act separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation as well. The Securities Act was passed in order to rectify abuses in the area of corporate finance and the marketing of securities.

What did the Glass-Steagall Act of 1933 and the Federal Securities Act have in common?.

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