Competitive Equity in the Financial Services Industry: Hearings Before the Committee on Banking, Housing, and Urban Affairs, United States Senate, Ninety-eighth Congress, First Session, on S. 2181 ... S. 2134 ....U.S. Government Printing Office, 1984 - Bank holding companies |
From inside the book
Results 1-5 of 95
Page 4
... concerned at this point about this legislation which has been introduced , and this is the very first hearing to be held on it , there will be numerous hearings . I would expect before we are through , that the hearing process will prob ...
... concerned at this point about this legislation which has been introduced , and this is the very first hearing to be held on it , there will be numerous hearings . I would expect before we are through , that the hearing process will prob ...
Page 5
... concerned about any particular provision at this early stage of this process , which may be completed this year and may not . It is an election year and politicians tend to try to stay away from controversial issues during election ...
... concerned about any particular provision at this early stage of this process , which may be completed this year and may not . It is an election year and politicians tend to try to stay away from controversial issues during election ...
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... concerns ; and 18 ( C ) similar loans , does not exceed 5 percent of the institu- 19 tion's total assets . 20 21 2235 23 " ( m ) For purposes of this Act- " ( 1 ) the term ' depository institution holding com- pany ' means a bank ...
... concerns ; and 18 ( C ) similar loans , does not exceed 5 percent of the institu- 19 tion's total assets . 20 21 2235 23 " ( m ) For purposes of this Act- " ( 1 ) the term ' depository institution holding com- pany ' means a bank ...
Page 19
... concern , unless the Board has been given sixty days prior written notice of such proposal and , within such period , the Board has not issued an order ( 1 ) disap- proving the proposal , or ( II ) suspending the time period in ...
... concern , unless the Board has been given sixty days prior written notice of such proposal and , within such period , the Board has not issued an order ( 1 ) disap- proving the proposal , or ( II ) suspending the time period in ...
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... concern , in any activity authorized under 23 paragraph ( 2 ) ( F ) of this subsection unless the Corporation has 24 been given sixty days ' prior written notice of such proposal 25 and , within such period , the Corporation has not ...
... concern , in any activity authorized under 23 paragraph ( 2 ) ( F ) of this subsection unless the Corporation has 24 been given sixty days ' prior written notice of such proposal 25 and , within such period , the Corporation has not ...
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Common terms and phrases
accounts acquisition activities agency amended 12 U.S.C. assets association authorized bank holding company bill billion Board brokerage capital CHAIRMAN changes clause commercial banks commercial loans Committee Competitive Equity concerned consumer bank consumer lease credit card credit unions definition demand deposits deposit accounts deregulation disclosure engaged FDIC Federal Deposit Insurance Federal Reserve Act FIDA financial institutions financial services Garn Holding Company Act industrial loan companies industrial loan corporations insured institution interest rates interstate banking investment issue legislation lessor LIBRARY OF CONGRESS limitations loan holding company marketplace member bank ment Merrill Lynch money market mortgage mutual funds nonbank operations Orem paragraph payment percent person proposal pursuant qualified thrift lender real estate REGAN regulation regulatory rental-purchase agreement requirements restrictions safety and soundness Salt Lake City savings and loan securities affiliate Senator GORTON Senator LAUTENBERG shares subparagraph subsidiary term tion transaction underwriting Utah VOLCKER
Popular passages
Page 99 - Commission, notwithstanding that such rule or regulation may, after such act or omission, be amended or rescinded or be determined by judicial or other authority to be invalid for any reason.
Page 67 - CHAPTER 1— GENERAL PROVISIONS Sec. 101. Short title. 102. Findings and declaration of purpose. 103. Definitions and rules of construction. 104. Exempted transactions. 105. Regulations. 106. Determination of finance charge. 107. Determination of annual percentage rate. 108. Administrative enforcement. 109. Views of other agencies. 110.
Page 305 - ... to use and control their own money on a democratic basis in order to improve their economic and social conditions.
Page 58 - And to receive from an officer, employee, or agent of those nonmember units of federal, state, or local governments and political subdivisions thereof enumerated in Section 207 of the Federal Credit Union Act (12 USC 1787) and in the manner so prescribed payments on shares, share certificates, and share deposits.
Page 28 - ... underwriter" of or for a closed-end company or any issuer which is not an investment company, or of any security issued by such a company or issuer, means any underwriter who, in connection with a primary distribution of securities, (A) is in privity of contract with the issuer or an affiliated person of the issuer; (B) acting alone or in concert with one or more...
Page 27 - Any transaction in which an affiliate acts as an agent or broker or receives a fee for its services to the bank or to any other person.
Page 304 - Stat. 1501, which stated that such accounts were to be "directly equivalent to and competitive with money market mutual funds.
Page 61 - Written notice of the proposition and of the date set for the vote shall then be delivered in person to each member, or mailed to each member at the address for such member appearing on the records of the credit union, not more than thirty nor less than seven days prior to such date.
Page 61 - ... agricultural credit corporation the amount Invested by the association at any one time in the stock of such corporation shall not exceed 20 per centum of the unimpaired capital and surplus of the association: Provided further. That notwithstanding any other provision of this paragraph, the association may purchase for its own account shares of stock of a bank insured by the Federal Deposit Insurance Corporation or a holding company which owns or controls such an Insured bank if the stock of such...
Page 87 - ... evidence that the violation was not intentional and resulted from a bona fide error notwithstanding the maintenance of procedures reasonably adapted to avoid any such error. Examples of a bona fide error...