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FEDERAL RESERVE BANK
OF NEW YORK
OF NEW YORK
| [ | Circular No. 1248 June 22. 1933 |
] |
BANKING ACT OF 1933
To all Member Banks in the
Second Federal Reserve District:
For your information we enclose a copy of the Banking Act of 1933, approved June 16, 1933, commonly known as the Glass Act.
We enclose also a copy of a summary of the principal provisions of that act. This is intended merely as a summary of the law and not as an interpretation thereof or commentary thereon.
George L. Harrison,
Governor.
