The Financial Services Act of 1999: Hearings Before the Subcommittee on Finance and Hazardous Materials of the Committee on Commerce, House of Representatives, One Hundred Sixth Congress, First Session, on H.R. 10, April 28 and May 5, 1999, Volume 4 |
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Common terms and phrases
Alan Greenspan amendments Arthur Levitt assets authority bank holding company bank's banking regulators believe bill Bliley broker-dealer business of insurance Chairman Greenspan Commission competitive concerns CONGRESS THE LIBRARY consumer protection customers deposit insurance DINGELL engage ensure entities FDIC Federal Reserve financial institutions financial modernization financial services modernization functional regulation GAAP gentleman holding company affiliates holding company structure House Banking Committee insurance activities insurance agents insurance companies insurance products insurance regulators insurance sales insured depository institutions investment adviser investors issue legislation LEVITT LIBRARY OF CONGRESS loan mutual funds NAIC NASAA national banks NICHOLS nonbank op-sub operating sub operating subsidiary OXLEY Paine Webber parent bank permit preempted prohibit proposal provisions regu requirements risk RUBIN safe harbor safety and soundness Section securities activities securities firms securities laws SHIMKUS SINDER subcommittee subsidy surance testimony Thank tion Treasury underwriting version of H.R. ZIMPHER
Popular passages
Page 166 - ... what constitutes doing business in this State, and also exercises powers and privileges available to the state by virtue of Public Law 15, 79th Congress of the United States, Chapter 20, 1st Session, S. 340, which declares that the business of insurance and every person engaged therein shall be subject to the laws of the several states.
Page 112 - Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, National Credit Union Administration, Office of Thrift Supervision, and the Department of Housing and Urban Development.
Page 68 - Fellow-citizens, we cannot escape history. We, of this Congress and this administration, will be remembered in spite of ourselves. No personal significance, or insignificance, can spare one or another of us. The fiery trial through which we pass, will light us down, in honor or dishonor, to the latest generation.
Page 10 - Nothing in this title shall affect the jurisdiction of the securities commission (or any agency or office performing like functions) of any State or Territory of the United States, or the District of Columbia, over any security or any person.
Page 79 - The gentleman from New York, Mr. Towns. Mr. TOWNS. Thank you very much, Mr. Chairman. Let me begin by making a comment that Ms.
Page 187 - Administration (NCUA), the Office of the Comptroller of the Currency (OCC), and the Office of Thrift Supervision (OTS) and to make recommendations to promote uniformity in the supervision of financial institutions.
Page 115 - Before the Subcomm. on Telecommunications and Finance of the House Comm. on Energy and Commerce (Apr.
Page 98 - Paying for insurance products is one of the largest consumer expenditures of any kind for most Americans. Figures compiled by the NAIC show that an average family can easily spend a combined total of $4,500 each year for auto, home, life, and health insurance coverage. This substantial expenditure...
Page 25 - STATEMENT OF HON. ALAN GREENSPAN, CHAIRMAN, BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Mr. GREENSPAN. Thank you very much, Mr. Chairman. I would like to put my full remarks in the record but excerpt some of them in my opening statement.
Page 112 - See Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and Office of Thrift Supervision, "Interagency Statement on Retail Sales of Nondeposit Investment Products