*Letters

Industrial Loan Corporations

Published on:
October 10, 2006
Committee:

The Securities Industry Association (SIA)* provides comments to the Federal Deposit Insurance Corporation (FDIC) on Industrial Loan Corporations (ILCs).  SIA details the value and strength of the ILCs, and indicates it will strongly oppose any unnecessary, unjustified or politically motivated restrictions on ILCs.

*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

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