Legislation that provided for the separation of commercial banking and investment banking activities in the United States is called
A) Garn-St. Germain Depository Institutions Act.
B) Glass-Steagall Act.
C) Hunt Commission legislation.
D) Depository Institutions Deregulation and Monetary Control Act.
Correct Answer:
Verified
Q129: The First Bank of the United States
A)
Q130: The Garn-St. Germain Depository Institutions Act, among
Q131: The _ made it possible for banks
Q132: The Second Bank of the United States
Q133: During the colonial period in the nation's
Q135: Our system of national banks
A) was designed
Q136: The _ was designed mainly to assist
Q137: The _ provided for separation of commercial
Q138: The notes of the Bank of North
Q139: The _ established the U.S. central banking
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