Compromise may lead to consensus on financial modernization legislation

Reynolds, Katherine M.
February 1998
Bond Buyer;02/19/98, Vol. 323 Issue 30334, p6
Trade Publication
Reports that US House Representative Mike Oxley has proposed a compromise on securities and insurance activities allowed in bank subsidiaries in an effort to break the deadlock on financial modernization legislation. Absence of change in Oxley's proposal regarding municipal revenue bonds; Response of bank lobbyists and industry representatives.


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