Bankowość · 30/12/1996

OCC, Federal Reserve, and FDIC Propose Regulation for Banks Selling Securities

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation are proposing a regulation that would require banks to qualify their employees who sell certain securities to customers, similar to how broker-dealers are qualified under the Securities Exchange Act of 1934.