Amendment requires the Comptroller General to report to Congress regarding the efficacy and benefits of uniformly limiting any commissions, fees, markups, or other costs incurred by customers in the acquisition of financial products.

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Amendment Number
626
Description
Amendment requires the Comptroller General to report to Congress regarding the efficacy and benefits of uniformly limiting any commissions, fees, markups, or other costs incurred by customers in the acquisition of financial products.
Purpose
An amendment, printed as amendment No. 9 in part 2 of House Report 105-531, to commission a study by the Comptroller General of the United States regarding the effect and possible benefits of uniformly limiting the commissions, fees, markups or other costs incurred by consumers on the acquisition of financial products.
Congress
105
Type
HAMDT
Latest Action Date
May 13, 1998
Latest Action Text
On agreeing to the Sanders amendment (A008) Agreed to by voice vote.
Latest Action Time
19:59:50
Submitted Date
May 13, 1998
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 626 — Informed