7/7/2011—Introduced Glass-Steagall Restoration Act of 2011—Amends the Banking Act of 1933 (Glass-Steagall Act) to prohibit a member bank from being affiliated with organizations that underwrite, sell, or distribute stocks/bonds or other securities. Prohibits staff of these organizations from serving or being employed by the member bank.
Why is this important?
7/7/201—Introduced Glass-Steagall Restoration Act of 2011—Amends the Banking Act of 1933 (Glass-Steagall Act).