Proposals Relating to the Purchase and Sale of Financial Assets and Revenue Limits for Certain Entities
Published on:
September 3, 1996
The Securities Industry Association (SIA)* provide comments to the Board of Governors of the Federal Reserve System on releases: (1) Review of Restrictions on Director and Employee Interlocks, Cross-Marketing Activities and the Purchase and Sale of Financial Assets, Docket No. R-0701; and (2) Revenue Limit on Bank-Ineligible Activities of Subsidiaries of Bank Holding Companies Engaged in Underwriting and Dealing Securities, Docket No. R-0932. SIA offers its observations and recommendations on the proposals.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.