FT MarketWatch

Glass-Steagall Act

1933 Congressional law which authorized deposit Insurance and prohibited commercial banks from owning Brokerage. The latter rule has softened, and many banks NOW own discount Broker, Sell mutual Fund, and participate in Underwriting.

Related Terms: 13 Authorize, Broker, Brokerage, Commercial bank, Discount broker, Fund, Insurance, Merc, Mutual fund, NOW, Own, Sell, Underwriting
Other Related Pages: Category: Insurance Starting With: G
Semi Related Terms: 552 CLICK HERE TO VIEW
10-K, 12b-1 funds, 30-day wash rule, Agent bank, Automatic Funds Transfer, Above par, Accrual of discount, Accrued market discount, Amortization of premium, At par, All or any part, At best, At call, Adjustable life insurance, At risk, Add-on service, Abstract of title, As is, Attorney in fact, Authorize, Assignment of mortgage, Aggressive growth fund, A shares, Asset allocation fund, Assets under management, At the money, Age-weighted plan, Across the board, Additional paid-in capital, Against the box, At the bell, At the close, At the figure, At the full, At the market, At the opening order, Automated Pricing and Reporting System, Away from the market, Bank reconciliation, Below the line, Books of final entry, Books of original entry, Bank credit, Bank draft, Bank holding company, Bank Holiday, Banking Act of 1933, Bank Note, Bank Trust Department, Balanced fund, Bank-eligible issues, Below par, Blend fund, Bond fund, Bureau of Public Debt, Broker, Brokerage, Brokerage firm, Brokerage house, Broker loan, Brought over the wall, Buying on margin, Buy on close, Buy on opening, Buy the book, Balance of payments, Bank Rate, Board of Governors, Breaking the syndicate, Bill of exchange, Bill of sale, Breach of trust, By the book, Bank term loan, Broker loan rate, B shares, Buy and write, Breadth-of-market theory, Beat the gun, Commercial year, Cost Of Goods Sold, Cost of sales, Clearinghouse funds, Commercial bank, Consumer bank, Certificate of Participation, Commercial paper, Committee on Uniform Securities Identification Procedures, Code of procedure, Contra broker, Contract broker, Customer protection rule, Capitalization of income, Cost of Living Adjustment, Cost-of-living index, Council of Economic Advisers, Cash and carry trade, Chasing the market, Chicago Board of Trade, Commercial hedger, Cash value life insurance policy, Casualty insurance, Convertible term insurance, Cost-of-living rider, Credit insurance, Credit life insurance, Certificate of stock, Common-law voting, Cost of carry, Certificate of title, Cancellation of debt, Certificate of Claim, Commercial credit, Commercial finance, Commercial lending, Commercial mortgage, Commercial property, Cost of debt capital, Cost of funds, Capital appreciation fund, Clone fund, Closed-end fund, Closed fund, Crossover fund, C shares, Class of options, Close to the money, Certificate of Occupancy, Cloud on title, Cash or Deferred Arrangement, Class A Shares, Class B Shares, Crash of 1929, Crash of 1987, Child and dependent care credit, Coefficient of determination, Cup and handle, Certificate of delivery, Close a position, Cornering the market, Curbs in, Dealer bank, Demand deposit, Deposit in transit, Deposit multiplier, Deposit slip, Direct deposit, Date of issue, Date of payment, Deep-discount bond, Discount bond, Deep discount broker, Discount broker, Division of Enforcement, Division of Investment Management, Division of Market Regulation, Date of record, Dividend discount model, Dividend in arrears, Desk (the), Discount rate, Division of labor, Disability insurance, Dual life insurance, De-escalation clause, De facto, Doing business as, Durable Power of Attorney, Date of maturity, Debtor in possession, Debtor-in-possession financing, Deed of Release, Deed of Trust, Discharge of bankruptcy, Discharge of lien, Discount loan, Due-on-sale clause, Dual-purpose fund, Deep in the money, Deep out of the money, Deed of Surrender, Department of Housing and Urban Development, Dogs of the Dow, Depth of market, Discount yield, Electronic Funds Transfer, Eurodollar certificate of deposit, External funds, Either-or order, Effective par, E-mini, Exchange of spot, European Central Bank, Export-Import Bank, Excess insurance, Executive indemnity insurance, Enhanced index fund, Environmental fund, Equity fund, Exchange fund, Employee Retirement Income Security Act of 1974, First In First Out, Federal Deposit Insurance Corporation, Federal funds, Federal Savings and Loan Association, Fed funds, Flow of funds, Fill or kill, Floor broker, Front-ending an order, Full-service brokerage, Fund supermarket, Forward P/E, Factors of production, Favorable balance of trade, Federal Reserve Bank, Federal Reserve Discount Rate, Form 8-K, Form S-1, Friends and family offering, Fund, Full faith and credit, Family of funds, Focused fund, Fund family, Fund manager, Fund of funds, Free and clear, Federal Insurance Contributions Act, Free right of exchange, G-7, General Agreement on Tariffs and Trade, G-8, Global fund, Group insurance, Growth and income fund, Growth fund, Gather in the stops, Hart-Scott-Rodino Act of 1976, Hit the bid, House of issue, Hazard insurance, Health insurance, Health Insurance Portability and Accountability Act, Holder in due course, Home equity line of credit, HUD-1 statement, Hedge fund, Head and shoulders, Hammering the market, Held at the opening, Holding the market, In escrow, Independent broker, In-house, Institutional brokerage, Introducing broker, Investment Advisor Act of 1940, Investment bank, Investment Company Act of 1940, In line, International Monetary Fund, Insurance, Insurance agent, Insurance broker, Insurance carrier, Insurance claim, Insurance examiner, Insurance policy, Insurance premium, Insider Trading sanctions Act of 1984, Internal Rate of Return, Indication of interest, In intestacy, In play, In-process research and development, Income fund, Index fund, Institutional fund, International fund, Investment fund, I/O strip, In-service withdrawal, Income exclusion rule, Imbalance of orders, In and out, In sympathy, In the tank, Jointly and severally, Jumping the gun, Joint and several liability, Joint and survivor annuity, Last In First Out, Lender of last resort, Law day, Law of one price, Lending at a rate, Limit-on-close order, Law of demand, Law of supply, London International Financial Futures and Options Exchange, London Inter-Bank Offer Rate, Level premium insurance, Level term insurance, Life insurance, Long-term care insurance, Letter of comment, Legal age, Line of credit, Lock-in, Lifecycle fund, Load fund, Leading the market, Locked in, Long-term gain or loss, Level I quotes, Member bank, Money center bank, Mutual association, Mutual company, Mutual Savings Bank, Municipal bond fund, Municipal bond insurance, Municipal Bond Insurance Association, Muni fund, Make a market, Market on close order, Merchant bank, Medium of exchange, Merc, Major medical insurance, Mortgage life insurance, Money at call, Mortgage broker, Mutual fund, Mutual fund custodian, Mutual fund symbol, Matching funds, Mutual exclusion doctrine, Mutual improvement certificate, National Bank, Negotiable certificate of deposit, Negotiable Order of Withdrawal, NOW, Nine-Bond Rule, Notice of Sale, National Association of Securities Dealers, National Association of Securities Dealers Automated Quotations system, No limit order, No quote, No-Fault, Nonparticipating life insurance policy, Negotiated underwriting, No-Action Letter, Null and void, No-lien affidavit, Notice of Default, No-load, National Association of Real Estate Investment Trusts, Normal retirement age, No-load stock, No book, Off the books, Office of Thrift Supervision, Original Issue Discount, Out-of-favor, Over-the-Counter, On-floor order, Online broker, On margin, Or better, Outside broker, One-share one-vote rule, Opinion of title, On account, On-the-spot loan, Open-end fund, Option income fund, Out of the money, Own, Old age, survivors, and disability insurance, On-balance volume, Odd lot buy/sell ratio, On close, One man picture, On open, On the opening, Pooling of interests, Profit and loss statement, Pro forma, Par bond, Payment-in-kind security, Price Value of a Basis Point, Prime broker, Prime brokerage, P&L, Participating insurance, Private Mortgage Insurance, Power of Attorney, Prioritization of debt, Pooled fund, Prime rate fund, Publicly-traded fund, Pure index fund, Pension fund, Paid-in capital, Paid-in surplus, Private Investment in Public Equity, Portfolio insurance, Preservation of capital, Point-and-figure chart, Painting the tape, Plus tick rule, Reports and Records, Return of capital, Return on Capital, Return on Invested Capital, Return on Total Assets, Regional bank, Reading the tape, Regulation D, Regulation G, Regulation T, Regulation U, Retail brokerage, Round of funding, Rule 10b-6, Rule 15c3-1, Rule 19c3, Rule 405, Rule 415, Rules of Fair Practice, Rate of exchange, Reciprocal of European terms, Regional fund, Reduced paid-up insurance, Replacement cost insurance, Regulation A, Right of first refusal, Right of rescission, Regulation Z, Revolving line of credit, Right of recourse, Rule of 78, Real estate broker, Right of redemption, Retirement Equity Act of 1984, Return on Capital Employed, Rate of return, Real rate of return, Rule 13d, Selling, General and Administrative Expenses, SG&A, Savings and Loan, Savings Association Insurance Fund, Savings bank, Sight letter of credit, S&L, State bank, Securities and Exchange Commission, Sell, Sinking fund, Segregation of securities, Sell limit order, Sell order, Sell plus, Sell-side analyst, Sell the book, Soft dollars, Street broker, Soft landing, Standard of living, Series 3, Soft commodity, Second-to-die insurance, Self insurance, Single-premium life insurance, Stock life insurance company, Survivorship insurance, Statute of Limitations, Sale and leaseback, Satisfaction of debt, Soft loan, Staggered board of directors, Sector fund, Series fund, Socially responsible fund, Specialized fund, Specialty fund, Stock fund, Selling the spread, Selling short against the box, Shorting against the box, Short sale rule, S Corporation, Short-term gain or loss, Subchapter M, Subchapter S Corporation, Same Day Funds Settlement, Schedule C, Securities Act of 1933, Securities Acts Amendments of 1975, Securities Exchange Act of 1934, Seek a market, S&P phenomenon, Stop and reverse, Time deposit, T-Bill, Take a position, Trailing P/E, Term insurance, Title insurance, Tenancy by the entirety, Trust fund, TED spread, Term deposit, Truth in Lending, Tax-free bond fund, Tax-managed fund, Tenancy at will, Ten-bagger, The Street, Timing the market, Taxpayer Relief Act of 1997, Tax Reform Act of 1986, Tax Reform Act of 1993, Take a bath, U.S. Government Agency Security, U.S. Savings Bond, U.S. Treasury, U.S. Treasury Bill, U.S. Treasury Bond, U.S. Treasury Note, U.S. Treasury Securities, Underwriting, Underwriting agreement, Underwriting group, Underwriting spread, Umbrella liability insurance, Unit of trade, Unit of trading, World Bank, World fund, Waiver of premium, Widow-and-orphan stock, W-2 Form, Wash sale rule, W formation, When, as, and if issued, X or XD, Y shares, Z shares