The Glass-Steagall Act prohibited commercial banks from
A. issuing equity to finance bank expansion.
B. engaging in underwriting of and dealing in corporate securities.
C. selling new issues of government securities.
D. purchasing any debt securities.
Answer:B
The Glass-Steagall Act prohibited commercial banks from
A. issuing equity to finance bank expansion.
 B. engaging in underwriting of and dealing in corporate securities.
 C. selling new issues of government securities.
 D. purchasing any debt securities.
