Glass-Steagall Act: Commercial vs. Investment Banking
Description:
This report discusses debate over reform of the Nation's financial structure in the 100th Congress includes re-examination of "the separation of banking and commerce." This separation was mandated by the Glass-Steagall Act (part
of the Banking Act of 1933); and was carried forward into the Bank Holding Company Act of 1956, as amended in 1970 and thereafter. The resulting isolation of banking from securities was designed to (1) maintain the integrity of the banking system; (2) prevent self-dealiā¦
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Date:
June 29, 1987
Creator:
Jackson, William D.
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department