Fatick Travel

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Fatick Travel on As a result many banks were broken in two. The Morgan Bank, for example, was split into a commercial bank, the Morgan Guaranty Trust Company, now known as J. P. Morgan Chase and an investment bank, Morgan Stanley, now know as Morgan Stanley Dean Witter. Also passed during this time period were the Truth in Securities Act of 1933, and the Securities and Exchange Act of 1934. The provisions of the Truth in Securities Act were discussed in the section banking, investment 79 on IPOs. The Securities and Exchange Act created the Securities and Exchange Commission, established a minimum margin requirement of 55 percent, and put regulation of broker’s loans under the control of the Federal Reserve system. Fatick Travel 2016.

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