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 |
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Common terms and phrases
amended assets authority bank holding company BHCA bill bonds borrowers broker brokerage capital Chairman commercial banks Commission Competitive Equity Congress consumer bank consumer credit credit insurance credit life insurance customers deposit accounts depository institution securities deregulation disclosure enactment engage FDIC Federal Deposit Insurance Federal Reserve Act Federal Reserve Board Federal Reserve System financial institutions financial services Garn Glass-Steagall Act Holding Company Act institution securities affiliate insurance activities insurance agents insurance business insurance companies insurance industry insurance underwriting interest rates Investment Company issue lease legislation lender lending limitations loan holding company marketplace mutual fund National Bank nonbank banks paragraph payment percent permitted powers premiums problems prohibit proposed purchase real estate regulation regulatory Response retail risks safety and soundness savings and loan service corporation statement subparagraph Subsection subsidiary thrift tie-in tion title insurance transactions tying underwriting
Popular passages
Page 634 - Board after due notice and opportunity for hearing has determined (by order or regulation) to be so closely related to banking or managing or controlling banks as to be a proper incident thereto...
Page 742 - No officer, director, or employee of any corporation or unincorporated association, no partner or employee of any partnership, and no individual, primarily engaged in the issue, flotation, underwriting, public sale, or distribution, at wholesale or retail, or through syndicate participation, of stocks, bonds, or other similar securities...
Page 2 - Loan Act of 1933, and the Bank Service Corporation Act, and for other purposes. 2 1 Be it enacted by the Senate and House of Representa2 lives of the United States of America in Congress assembled, 3 8HOET TITLE 4 SECTION 1.
Page 738 - Government of any State, Territory of the United States, or any political subdivision of the foregoing or the District of Columbia.
Page 335 - IT IS FURTHER ORDERED that each respondent shall, within sixty (60) days after service upon it of this order, file with the Commission a report in writing setting forth in detail the manner and form in which it has complied with this order.
Page 734 - ... any common trust fund or similar fund maintained by a bank exclusively for the collective investment and reinvestment of moneys contributed thereto by the bank in its capacity as a trustee, executor, administrator, or guardian...
Page 589 - Facility of Payment" clause in the policy which provided that, "The company may make any payment provided for in this policy to any relative by blood or connection by marriage of the insured, or to any other person appearing to said company to be equitably entitled to the same by reason of having incurred expense on behalf of the insured, for his or her burial, or, if the insured be more than fifteen years of age at the date of this policy, for any other purpose...
Page 748 - ... if and to the extent that such exemption is necessary or appropriate in the public interest and consistent with the protection of investors and the purposes fairly intended by the policy and provisions of this title.
Page 1079 - ... elastic" currency. The cost of the system was borne by the members with the non-interest bearing reserves they were required to keep at the Federal Reserve Banks. With the passage of the Depository Institutions Deregulation and Monetary Control Act of 1980, the Fed was directed to charge users of its services for the full cost of those services.
Page 203 - To assure that engaging in the underwriting of credit life and credit accident and health insurance can reasonably be expected to be in the public interest, the Board will only approve applications in which an applicant demonstrates that approval will benefit the consumer or result in other public benefits. Normally such a showing would be made by a projected reduction in rates or increase in policy benefits due to bank holding company performance of this service.