TITLE

SEC Extends Temporary Exemption to Weigh Bank Rules

AUTHOR(S)
Hurne, Lynn
PUB. DATE
November 2004
SOURCE
Bond Buyer;11/3/2004, Vol. 350 Issue 32003, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the extension of a regulation to weigh bank rules by the Securities and Exchange Commission. The Securities and Exchange Commission extended to March 31, 2005 from November 12, 2004 banks' temporary exemption from a proposed rule that would require them to "push out" some of their securities-related activities into separate broker-dealer affiliates that the SEC regulates. The SEC said that the extension would give it more time to review she comments it received on the proposed rule.
ACCESSION #
14941185

 

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