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What did the Glass-Steagall Act of 1933 and the Federal Securities Act have in common?.

Sagot :

The answer is
They both regulated banking and finance

The Glass-Steagall Act of 1933 and the Federal Securities Act regulated banking and finance.

The Glass-Steagall Act separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation as well.    The Securities Act was passed in order to rectify abuses in the area of corporate finance and the marketing of securities.