Industrial Loan Companies/Banks and the Separation of Banking and Commerce : Legislative and Regulatory Perspectives.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Banks and banking.

Business.

Financial institutions.

Physical Description:

1 online resource (16 pages, digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2005.

System Details:

text file

Summary:

Examines regulatory issues related to industrial loan companies (ILCs), which are State-chartered and -regulated depository institutions that are regulated by FDIC. Provides brief history of banking and commerce role in U.S. economic development, including 19th and early 20th century developments; and discusses roles of holding companies, nonbank banks, the Competitive Equality Banking Act of 1987, savings and loan associations, and the Gramm-Leach-Bliley Act. Covers scope of ILCs, related legislative activity in the 108th and 109th Congresses, and arguments for and against ILC expansion.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. Industrial Loan Companies/Banks and the Separation of Banking and Commerce

Access Restriction:

Restricted for use by site license.