Securities and Exchange Commission (SEC)
The U.S. Securities and Exchange Commission (SEC) is an independent federal agency…
Glass-Steagall Act
The Glass-Steagall Act, enacted in 1933, separated commercial and investment banking in…
Financial Services Authority (FSA)
The Financial Services Authority (FSA) was a UK government body responsible for…
Chinese Walls: Maintaining Ethical Boundaries in Finance and Law
Chinese walls, or information barriers, are policies designed to prevent the flow…
Central Bank: Definition, Functions, and Importance
A central bank is a crucial financial institution responsible for managing a…