Reform of the Nation's Banking and Financial Systems: Hearings Before the Subcommittee on Financial Institutions Supervision, Regulation, and Insurance of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One-hundredth Congress, First SessionU.S. Government Printing Office, 1988 |
Common terms and phrases
agencies ALEX MCMILLAN American antitrust BACHMANN bank holding company bankers banking system banks and securities BARNARD benefit bill Board BUDDY ROEMER CALIFORNIA capital CARROLL HUBBARD Chairman ST GERMAIN commercial banks COMMITTEE ON BANKING competition conflicts of interest Congress consumers customers depository institutions deregulation DOUG BEREUTER economic equity ESTEBAN EDWARD TORRES FDIC Federal Reserve FINANCE AND URBAN FINANCIAL INSTITUTIONS SUPERVISION financial markets financial services financial system fire wall Glass-Steagall Act Holding Company Act insurance companies investors issue laws legislation loans MARCY KAPTUR mergers moratorium mortgage mortgage-backed securities mutual funds NASD NASDAQ National Bank nonbanking permitted problems profit proposals question real estate REGULATION AND INSURANCE regulatory restructuring risk safety and soundness SCHOTLAND SCHUMER securities activities securities affiliate securities firms securities industry Security Pacific STEVE BARTLETT structure SUBCOMMITTEE ON FINANCIAL subsidiary testimony thrift tion U.S. banks underwriting URBAN AFFAIRS WYLIE York
Popular passages
Page 94 - Commission is responsible for the administration and enforcement of the Securities Act of 1933, the Securities Exchange Act of 1934, the Public Utility Holding Company Act of 1935, the Trust Indenture Act of 1939, the Investment Company Act of 1940, and the Investment Advisers Act of 1940.
Page 106 - The restrictions on geographic expansion contained in the McFadden Act and the Douglas Amendment to the Bank Holding Company Act have perpetuated a well-developed, nationwide correspondent system of banks through which the largest banks distribute their products and services through smaller "country banks...
Page 228 - Federal Reserve Board, Comptroller of the Currency, Federal Deposit Insurance Corporation, Federal Home...
Page 91 - Activities of a bank's security affiliate as a holding or finance company or an investment trust are also fraught with the danger of large losses during a deflation period. Bank affiliates of this kind show a much greater tendency to operate with borrowed funds than do organiza-tions of this type which are independent of banks, the reason being that the identity of control and management which prevails between the bank and its affiliate tends to encourage reliance upon the lending facilities of the...
Page 227 - Hearings Before the Subcommittee on Financial Institutions Supervision. Regulation and Insurance of the House Committee on Banking. Finance and Urban Affairs.
Page 308 - System before the Subcommittee on Commerce, Consumer and Monetary Affairs of the Committee on Government Operations...
Page 91 - ... (See Hearings Pursuant to S. Res. 71 Before a Subcommittee of the Senate Committee on Banking and Currency, 71st Cong. 3d Sess.
Page 320 - Thank you again for the opportunity to testify. I would be pleased to respond to any questions which you or the members of the Subcommittee may have.
Page 391 - A member, in the conduct of his business, shall observe high standards of commercial honor and just and equitable principles of trade.
Page 267 - States provides that the Congress shall have power — To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures: To provide for the punishment of counterfeiting the securities and current coin of the United States.