Glass-Steagall Act Daniel Guidotti 14 years ago Glass-Steagall ActAct passed in 1933 whereby Congress forbade commercial banks from having ownership or underwriting or dealing in corporate bonds and stocks.Recommended for you:Google Wallet integrated with Google Glass will allow users to transfer money by saying keywords One day only Google Glass Sale, Tuesday April 15th starting at 6 a.m Exempt Securities Diane Von Furstenberg designs frames for Google Glass