Bankowość · 21.12.1995

Investment Securities

The Office of the Comptroller of the Currency (OCC) is proposing to clarify and update its rules that prescribe the standards under which national banks may purchase, sell, deal in, and underwrite securities. This proposal is part of the OCC's Regulation Review Program, a project designed to review comprehensively, modernize and simplify OCC regulations and reduce unnecessary regulatory burdens. The proposed revisions reorganize the regulation by placing related subjects together, clarify areas where the rules are unclear and confusing, and update various provisions to address market developments and to incorporate significant OCC interpretations, judicial decisions and statutory amendments.