In the U.S., the Glass-Steagall Act limited the integration of commercial banking and securities activities.

Name: In the U.S., the Glass-Steagall Act limited the integration of commercial banking and securities activities.
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The Glass-Steagall Act, passed in 1933, separated commercial banking and securities activities to prevent conflicts of interest and curb risky investments. This separation was eventually eroded in the 1980s and 1990s leading up to the 2008 financial crisis.

In the US, the Glass-Steagall Act Limited the Integration of Commercial Banking