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November 12 1999
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16/09/2008 14:19:48
 
 
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Forum:
Politics
Catégorie:
Autre
Titre:
November 12 1999
Divers
Thread ID:
01347999
Message ID:
01347999
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17
http://www.cnn.com/ALLPOLITICS/stories/1999/11/12/banking.reform/index.html

In case anyone doesn't recall the regulation that was repealed by Clinton on that day was:

http://en.wikipedia.org/wiki/Glass-Steagall_Act

President Bill Clinton signed into law the Gramm-Leach-Bliley Act which repealed the Glass-Steagall Act of 1933. One impact of this repeal is that certain advisory activities of the banks are now regulated by the Investment Advisers Act of 1940 and repealed the Glass-Steagall Act of 1933. One impact of this repeal is that certain advisory activities of the banks were now regulated by the Investment Advisers Act of 1940.

It was the same day he was acquitted by the Senate of impeachment charges .

Information on the 1933 bill:

http://www.investopedia.com/articles/03/071603.asp
http://www.marketwatch.com/news/story/would-glass-steagall-save-day-credit/story.aspx?guid=%7B3AA33D85-AD38-41B4-B300-033235B5734A%7D
http://www.cftech.com/BrainBank/SPECIALREPORTS/GlassSteagall.html
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