Common Trust Funds: Overlapping Responsibility and Conflict in Regulation : Hearing Before a Subcommittee of the Committee on Government Operations, House of Representatives, Eighty-eighth Congress, First Session, May 20, 1963U.S. Government Printing Office, 1963 - 186 páginas |
Términos y frases comunes
account units administrator advertising American Bankers Association application assets authority bank as fiduciary board of directors BUEK CARY Chairman charge collective investment fund committee common trust fund Comptroller CONGRESS consolidation or merger CONWILL court Currency deposit employees executor exemption exercise fiduciary powers FASCELL Federal Reserve Board Federal Reserve System fiduciary account fiduciary capacity fiduciary purposes funds held guardian HOGUET income individual insurance companies interest Internal Revenue Code Investment Company Act investment of funds investor involved issued issuer jurisdiction legislation managing agency accounts MATAN McCLORY ment mutual funds national bank officers operation participation payments percent period permit person pooled proposed provisions Prudential public offering purchase question registration regulation 9 relationship SAXON Section Securities Act self-employed shareholders Smathers-Keogh Special considerations statement tion trust company trust department trust institutions trust powers Uniform Act Valic variable annuity contracts
Pasajes populares
Página 164 - common trust fund" means a fund maintained by a bank (as defined in section 104) — (1) exclusively for 'the collective investment and reinvestment of moneys contributed thereto by the bank in its capacity as a trustee, executor, administrator, or guardian; and...
Página 13 - The business of dealing in securities and stock by the association shall be limited to purchasing and selling such securities and stock without recourse, solely upon the order, and for the account of, customers...
Página 33 - N-5, form for registration of small business investment company under the Securities Act of 1933 and the Investment Company Act of 1940.
Página 103 - Board of Governors of the Federal Reserve System or the Comptroller of the Currency pertaining to the collective investment of trust funds by national banks.
Página 151 - ... 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.
Página 162 - I am taking the liberty of sending a copy of this letter to the other members of your committee.
Página 99 - Whenever member banks are required to obtain reports from affiliates, or whenever affiliates of member banks are required to submit to examination, the Board of Governors of the Federal Reserve System or the Comptroller of the Currency, as the case may be...
Página 38 - security" as follows: "the term 'security' means any note, stock, treasury stock, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profitsharing agreement...
Página 103 - Fund administered by a bank shall be established and maintained in accordance with a written plan (referred to herein as the Plan ) approved by a resolution of the bank's board of directors and approved in writing by competent legal counsel.
Página 107 - ... in conformity with the rules and regulations of the Board of Governors of the Federal Reserve System...