MLchartDataset catalogue

Banking Act of 1933

Term · Law · MLC-T-LAW-000667

A United States federal law, also known as the Glass-Steagall Act, enacted to separate commercial banking from investment banking activities. It established the Federal Deposit Insurance Corporation (FDIC) to insure bank deposits and restore public confidence in the banking system. Key provisions of the act were largely repealed in 1999.

Table 1. Record
IdentifierMLC-T-LAW-000667
FieldLaw
AbbreviationGlass-Steagall
Record as JSON 
{
  "id": "MLC-T-LAW-000667",
  "term": "Banking Act of 1933",
  "field": "Law",
  "definition": "A United States federal law, also known as the Glass-Steagall Act, enacted to separate commercial banking from investment banking activities. It established the Federal Deposit Insurance Corporation (FDIC) to insure bank deposits and restore public confidence in the banking system. Key provisions of the act were largely repealed in 1999.",
  "abbreviation": "Glass-Steagall",
  "url": "https://mlchart.com/terminology/law/banking-act-of-1933/"
}

Record 459 of 5,445 in Law terminology (MLC-0107). Request the full dataset.