| 单词 | Glass-Steagall Act 1933 |
| 释义 | Glass-Steagall Act 1933 US legislation that separated commercial banking and securities operations by banks. It was introduced in the aftermath of the great stock-market crash of 1929 to lessen the likelihood of such panics occurring again. It has been extensively modified in recent years, most notably by the Financial Services Modernization Act 1999. |
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