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Kaufman, 1982 - Google Patents

SEARCH THEORY AND THE PROHIBITION AGAINST COMMERCIAL BANK UNDERWRITING OF MUNICIPAL REVENUE BONDS.

Kaufman, 1982

Document ID
12078283876297149852
Author
Kaufman G
Publication year
Publication venue
Journal of Financial Research

External Links

Snippet

Commercial banks are prohibited by the Glass-Steagall Act of 1933 from under-writing and trading most types of municipal revenue bonds. Numerous attempts have been made to remove this prohibition. Elimination of the prohibition was included in the original Financial …
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