The state that is governed by laws because the laws are the conditions of civil association
Answer:
The US Banking Act of 1933, is the law that seperated investment and retail banking
Explanation:
The act refers to 4 provisions set in place to manage investment and retail banking those 4 are:
- dealing in non-governmental securities for customers,
- investing in non-investment grade securities for themselves,
- underwriting or distributing non-governmental securities,
- affiliating (or sharing employees) with companies involved in such activities
It was repealed in by President Clinton with the Financial Services Modernization Act of 1999
The Federal government finally tried to help stem the tide of the Great Depression in the form of the New Deal, which was initiated by FDR and increased the scope of government.
Is the current events or some other year