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Home Our Mission Testimonials Contact who we are Change Categories Personal Information Saved Articles Calculators Refer Colleague Unsubscribe To Email Comments & Feedback Help On Email  Glossary:  A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z  Glass-Steagall Act     1933 Congressional law which authorized deposit insurance and prohibited commercial banks from owning brokerages. The latter rule has softened, and many banks now own discount brokers, sell mutual funds, and participate in underwritings. This Glossary is provided by www.InvestorWords.com Copyright © 1997-2005 by WebFinance Inc. All Rights Reserved. Personal Information Unsubscribe to Email Your Privacy Disclaimer of Liability © 2009,Powered by BizActions Patent Pending