How did the new deal try to reform the banking and securities industries(stock market)?

The New Deal implemented several key reforms to stabilize the banking and securities industries in response to the Great Depression. The Glass-Steagall Act of 1933 separated commercial banking from investment banking, aiming to reduce risk in the financial system. Additionally, the Securities Act of 1933 and the Securities Exchange Act of 1934 established regulations for the Stock Market, requiring transparency and protecting investors by preventing fraudulent practices. These reforms laid the groundwork for greater oversight and stability in the financial sector.