Amendment102nd Congress
An amendment to strike title IV of the bill. Title IV includes the provisions of the Dingell-Gonzalez compromise dealing with bank powers. It includes provisions that permit banks to affiliate with securities firms; imposes strict limits on financial transactions and information sharing between banks and their affiliated securities firms; and specifies the securities and insurance activities in which federally chartered banks may engage.
- Amendment Number
- 376
- Description
- An amendment to strike title IV of the bill. Title IV includes the provisions of the Dingell-Gonzalez compromise dealing with bank powers. It includes provisions that permit banks to affiliate with securities firms; imposes strict limits on financial transactions and information sharing between banks and their affiliated securities firms; and specifies the securities and insurance activities in which federally chartered banks may engage.
- Purpose
- Amendment sought to delete title IV of the bill which provides regulations for financial services modernization.
- Congress
- 102
- Type
- HAMDT
- Latest Action Date
- Oct 31, 1991
- Latest Action Text
- On agreeing to the Barnard amendment (A003) Failed by recorded vote: 200 - 216 (Roll no. 362).
- Latest Action Time
- 16:55:57
- Submitted Date
- Oct 31, 1991
- Chamber
- House of Representatives
- Update Date
- Jun 7, 2021