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A deposit initiator is the first bottler, distributor, dealer or agent to collect the deposit on a beverage container sold in New York State. You're a deposit initiator if you: 1  Bottle beverages in beverage containers with an established deposit. 2  Distribute beverages in beverage containers with an established deposit and you did not purchase the containers from a registered deposit initiator.
June 16, 1933. The Glass-Steagall Act effectively separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation, among other things. It was one of the most widely debated legislative initiatives before being signed into law by President Franklin D. Roosevelt in June 1933.