Amendment105th Congress
Amendment offered as a manager's amendment strengthens investor and consumer protection, clarifies regulations for the businesses that have to comply with them, and makes regulatory standards more consistent for all parties in the insurance business, including banks. See pages H3173-H3176 in the Congressional Record for May 13, 1998 for text and description.
- Amendment Number
- 619
- Description
- Amendment offered as a manager's amendment strengthens investor and consumer protection, clarifies regulations for the businesses that have to comply with them, and makes regulatory standards more consistent for all parties in the insurance business, including banks. See pages H3173-H3176 in the Congressional Record for May 13, 1998 for text and description.
- Purpose
- An amendment, printed as amendment No. 1 in House Report 105-531, to direct federal regulators to review the adequacy of consumer fee disclosures and consider improving their accuracy, simplicity, completeness, and consistency for any financialproduct (e.g. securities, loans, etc.). The amendment also grants the Securities and Exchange Commission explicit securities regulatory backup authority over wholesale financial holding companies to ensure that they comply with securities laws.
- Congress
- 105
- Type
- HAMDT
- Latest Action Date
- May 13, 1998
- Latest Action Text
- On agreeing to the Bliley amendment (A001) Agreed to by recorded vote: 407 - 11 (Roll No. 143).
- Latest Action Time
- 15:02:52
- Submitted Date
- May 13, 1998
- Chamber
- House of Representatives
- Update Date
- Aug 15, 2021