TITLE

House panel: Expand banks' muni powers

AUTHOR(S)
Reynolds, Katherine M.
PUB. DATE
February 1998
SOURCE
Bond Buyer;02/05/98, Vol. 323 Issue 30325, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the US House Commerce Committee's proposal to allow banks to directly underwrite municipal revenue bonds in an attempt to reach a compromise on financial modernization legislation. Permission of state-chartered trust companies and insured banks to conduct securities activities; Prohibition of bank employees from receiving brokerage commissions.
ACCESSION #
207091

 

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