The legislation that separated investment banking from commercial banking until its repeal in 1999 is known as the
A. National Bank Act of 1863.
B. Federal Reserve Act of 1913.
C. Glass-Steagall Act.
D. McFadden Act.
Answer:C
The legislation that separated investment banking from commercial banking until its repeal in 1999 is known as the
A. National Bank Act of 1863. B. Federal Reserve Act of 1913. C. Glass-Steagall Act. D. McFadden Act.