HISTORY OF BANKS ,Most important Acs
1816 Second Bank of the US
Function was to regulate the Public credit issued by private banking institutions.
1913 Federal Reserve act
Established federal Reserve system and granted it the authority to issue Federal Reserve Notes (money).
1970's Glass Steagall Act
Four provisions of the us Banking Act
1999 Gramm-Leach-Bliley Act
Removing Barriers in the marketing among banking, security and insurance companies that prohibited any one institution from acting.