Page:Banking Act of 1933 (Federal Reserve Circular 1248).djvu/1

 '''FEDERAL RESERVE BANK OF NEW YORK'''

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.