Abstract
To my knowledge, there are only four sources of data about the abuses that some claim to have been prevalent or at least present in the period before the passage of the 1933 Glass-Steagall Act. These are: (i) charges made in the Congressional Record prior to the passages of the Act; (ii) the Pecora Hearings (1933 and 1934); (iii) the SEP (Stock Exchange Practices) Report (1934);1 and (iv) the SEC Investment Trusts and Investment Companies Study (1940).
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© 1990 George J. Benston
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Benston, G.J. (1990). Conflicts of Interest and Abuses. In: The Separation of Commercial and Investment Banking. Studies in Banking and International Finance. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11280-7_4
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DOI: https://doi.org/10.1007/978-1-349-11280-7_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-11282-1
Online ISBN: 978-1-349-11280-7
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