Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Glass-Steagall Act

A federal statute that protects bank depositors by restricting the securities-related business of commercial banks, speci£ by prohibiting banks from owning brokerage firms or engaging in the brokerage business. 12 USCA § 378. - Also termed Banking Act of 1933.