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When Yao first opened his checking and savings account in the 1 9 8 0 s , his bank was prohibited from using deposits to

When Yao first opened his checking and savings account in the 1980 s, his bank was prohibited from using deposits to engage in investment banking. But thanks to the Yao's bank started offering those services to companies seeking to go public.
Securities Act of 1933
Federal Reserve Act of 1913
Financial Services Modernization Act of 1999
Securities and Exchange Commission
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