Chen, Hsuan-Chi; Chou, De-Wai; Lai, Christine W.; Yeh, … - In: The North American Journal of Economics and Finance 28 (2014) C, pp. 327-346
Sections 20 and 32 of the 1933 Glass–Steagall Act address a potential conflict of interest by banning commercial banks from the market for corporate securities underwriting. This restriction was officially rescinded in 1999 by the Gramm–Leach–Bliley Financial Modernization Act. In turn,...