CARD DIVISION INVESTMENT COMPANY ACT AMENDMENTS OF 1967: BANK AND INSURANCE COMPANY COLLECTIVE INVESTMENT FUNDS AND ACCOUNTS 4- APR 22 HEARINGS Copy 1968 FOR DO BEFORE THE ZI KO BITTHO SUBCOMMITTEE ON COMMERCE AND FINANCE. A BILL TO AMEND THE INVESTMENT COMPANY ACT OF 1940, MARCH 14 AND 15, 1968 Serial No. 90-31 Printed for the use of the Committee on Interstate and Foreign Commerce 68-61173 91-817 U.S. GOVERNMENT PRINTING OFFICE WASHINGTON: 1968 COMMITTEE ON INTERSTATE AND FOREIGN COMMERCE HARLEY O. STAGGERS, West Virginia, Chairman SAMUEL N. FRIEDEL, Maryland JOHN JARMAN, Oklahoma HORACE R. KORNEGAY, North Carolina FRED B. ROONEY, Pennsylvania DAVID E. SATTERFIELD III, Virginia BROCK ADAMS, Washington W. S. (BILL) STUCKEY, JR., Georgia WILLIAM L. SPRINGER, Illinois G. ROBERT WATKINS, Pennsylvania Calvert, Gordon L., executive director and general counsel, Investment 49 Ferguson, Robert D., representing the American Bankers Association_ 76 24 24 Herzel, Leo, special counsel, American Bankers Association- Johnson, Franklin R., chairman, Investment Companies Committee, Ratzlaff, James W., assistant to the director, Investment Companies Department, National Association of Securities Dealers, Inc__ Sommers, Davidson, representing American Life Convention and Life Insurance Association of America_ Walbert, Richard B., president, National Association of Securities American Bankers Association: Proposed amendments to H. R. 14742_ American Life Convention and Life Insurance Association of America: Independent Dealers Association, statement by Robert M. Roth, 167 Letter dated February 26, 1968, from Hon. Wright Patman, chairman, Committee on Banking and Currency- Letter dated March 14, 1968, from Grover W. Ensley, executive |