TITLE

SEC to Delay Date for Banks to Set Up Broker-Dealer Units

AUTHOR(S)
Hume, Lynn
PUB. DATE
April 2001
SOURCE
Bond Buyer;
SOURCE TYPE
DOC. TYPE
Article
ABSTRACT
Reports on the United States Securities and Exchange Commission's decision to delay the date for banks to set up registered broker-dealer entities for certain securities activities. Positive response of banks to the commission's decision; Concern of the industry over the May 12, 2001 deadline set in the Gramm-Leach-Bliley Act.
ACCESSION #
4365948

 

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