Glass–Steagall Act Section 16
GPTKB entity
Statements (18)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:law
|
| gptkbp:appliesTo |
national banks
|
| gptkbp:codifiedIn |
gptkb:12_U.S.C._§_24_(Seventh)
|
| gptkbp:dateEnacted |
1933
|
| gptkbp:enactedBy |
gptkb:United_States_Congress
|
| https://www.w3.org/2000/01/rdf-schema#label |
Glass–Steagall Act Section 16
|
| gptkbp:partOf |
gptkb:Glass–Steagall_Act
|
| gptkbp:permits |
national banks to purchase and sell securities for customers
national banks to underwrite and deal in U.S. government and general obligation state and local government securities |
| gptkbp:prohibits |
securities activities of national banks
national banks from dealing in securities for their own account |
| gptkbp:purpose |
separation of commercial and investment banking
|
| gptkbp:relatedTo |
gptkb:Glass–Steagall_Act_Section_20
gptkb:Glass–Steagall_Act_Section_32 gptkb:Glass–Steagall_Act_Section_21 |
| gptkbp:status |
partially repealed
|
| gptkbp:bfsParent |
gptkb:Glass–Steagall_Act_Section_20_and_32
|
| gptkbp:bfsLayer |
6
|