Anthony Saunders and Ingo Walter studied the conflict of interest associated with this act, and A. G. Becker was the plaintiff in a court case involved with resolving disputes associated with it. The phrase "engaged principally" in Section 20 has bee
Anthony Saunders and Ingo Walter studied the conflict of interest associated with this act, and A. G. Becker was the plaintiff in a court case involved with resolving disputes associated with it. The phrase "engaged principally" in Section 20 has been reinterpreted to allow some previously prohibited activities. Support for it came from a New York City prosecutor named Ferdinand Pecora, and one of its namesakes was a Virginia Senator who later served as Truman's Secretary of the Treasury. Part of it was dubbed Regulation Q, but was repealed by a 1980 act, and other provisions of it were repealed by the 1999 Gramm-Leach-Bliley Act. An act which established the Federal Deposit Insurance Corporation, FTP, name this 1933 piece of legislation dealing with bank reform.
Anthony Saunders and Ingo Walter studied the conflict of interest associated with this act, and A. G. Becker was the plaintiff in a court case involved with resolving disputes associated with it.
{Glass-Steagall} Act