Anibarockpon Anibarockpon

19-10-2015
History

Answered

The glass-Steagall act was passed by congress in 1933

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HistoryGuy HistoryGuy

26-10-2015

Yes, it is true that the Glass-Steagall act was passed by congress in 1933, since this was in the wake of the Great Depression, and lawmakers wanted to make it harder for banks to engage in risky activity.

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nsullivan nsullivan

04-02-2019

PLATO ANSWER: Prohibited commercial banks from underwriting stocks and bonds.

Hope this helps, have a great day!

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