Securities Activities of Commercial Banks, Hearings Before the Subcommitteeon Securities of ...,94-1 ...,December 9 and 10,1975.110:1:United States: Congress, Volúmenes22-231975 - 454 páginas |
Dentro del libro
Resultados 1-5 de 42
Página 8
... violation of the Glass- Steagall Act . As a result , banks are not permitted to achieve the economies of pooling for nontrust or agency accounts , and this acts to limit indirectly the extent of the potential market for bank man ...
... violation of the Glass- Steagall Act . As a result , banks are not permitted to achieve the economies of pooling for nontrust or agency accounts , and this acts to limit indirectly the extent of the potential market for bank man ...
Página 15
... violation of such regu- lations or procedures ? Reports of Possible Impropriety 11. In the last five years , have any examinations revealed any cases of im- proper or unlawful conduct in the trust , brokerage or investment advisory ac ...
... violation of such regu- lations or procedures ? Reports of Possible Impropriety 11. In the last five years , have any examinations revealed any cases of im- proper or unlawful conduct in the trust , brokerage or investment advisory ac ...
Página 31
... violated the Glass - Steagall Act prohibition against underwriting of securities . 7 / " Trust Departments , Forbes , July 1 , 1975 , p . 92 . 8 / 12 CFR Sec . 9.18 . While banks cannot pool non - trust or agency accounts 31 Money ...
... violated the Glass - Steagall Act prohibition against underwriting of securities . 7 / " Trust Departments , Forbes , July 1 , 1975 , p . 92 . 8 / 12 CFR Sec . 9.18 . While banks cannot pool non - trust or agency accounts 31 Money ...
Página 32
... violation of the Glass- Steagall Act , they are permitted to pool trust accounts . Thus , while individualized investment advice is uneconomic for small agency accounts , the banks can now economically manage small trust accounts by ...
... violation of the Glass- Steagall Act , they are permitted to pool trust accounts . Thus , while individualized investment advice is uneconomic for small agency accounts , the banks can now economically manage small trust accounts by ...
Página 35
... violated the Glass- Steagall Act . The District Court dismissed the suit for lack of jurisdiction on July 30 , 1975. Investment Company Insti- tute v . The Board of Governors of the Federal Reserve System , Civil Action No. 74-697 ...
... violated the Glass- Steagall Act . The District Court dismissed the suit for lack of jurisdiction on July 30 , 1975. Investment Company Insti- tute v . The Board of Governors of the Federal Reserve System , Civil Action No. 74-697 ...
Términos y frases comunes
advisory services agency accounts assets automatic investment services bank holding companies bank participation bank securities activities bank's Bankers banking activities banking industry banking system banks offering broker broker-dealer capital markets Chairman CIRT Clearing House commercial banks Committee common trust fund competition Comptroller conflicts of interest Cong Congress corporate Currency customers dealer dividend reinvestment plans economic examination exemption Federal Reserve System Federal securities laws fiduciary Glass-Steagall Act individual retirement accounts Investment Advisers Act investment advisory investment banking Investment Company Act Investment Company Institute investment management IRA trusts issuer issues Keogh Plans legislation loans ment Merrill Lynch municipal mutual fund NASD national banks NYSE operation permitted potential private placements prohibited purchase questions registered regulation regulatory requirements revenue bonds Securities Act securities and investment securities business securities industry securities markets security affiliates Security Pacific Senator WILLIAMS Study Outline Subcommittee tion transactions Trust Company trust department underwriting violations
Pasajes populares
Página 59 - To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion; by loaning money on personal security; and by obtaining, issuing and circulating notes according to the provisions of this Title.
Página 209 - The limitations and restrictions herein contained as to dealing in, underwriting and purchasing for its own account, investment securities shall not apply to obligations of the United States, or general obligations of any State or of any political subdivision thereof, or obligations issued under authority of the Federal Farm Loan Act, as amended, or issued by the thirteen banks for cooperatives or any of them or the Federal Home Loan Banks...
Página 148 - 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...
Página 216 - broker" is a person lawfully engaged in the business of effecting transactions in securities for the account of others.
Página 208 - Seventh. To exercise by its board of directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this Act and such incidental, powers as shall be necessary to carry on the business of banking within the limitations prescribed by this Act.
Página 216 - States; such securities issued or guaranteed by corporations in which the United States has a direct or indirect interest...
Página 214 - ... controls in any manner the election of a majority of its directors, trustees, or other persons exercising similar functions...
Página 219 - ... cooperative association as defined in the Agricultural Marketing Act, approved June 15, 1929, as amended...
Página 216 - System shall, by such rules and regulations as it may deem necessary or appropriate in the public interest or for the protection of investors, exempt, either unconditionally or upon specified terms and conditions or for stated periods, from the operation of this subsection and the rules and regulations thereunder.
Página 219 - ... on which the issuer has total assets exceeding $1,000,000 and a class of equity security (other than an exempted security) held of record by...