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.

Financial institutions.

History.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[Place of publication not identified] [publisher not identified] 2007

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-110th Congresses, and arguments for and against ILC expansion

Notes:

CRS Report

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

Vendor supplied data

Other Format:

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

Publisher Number:

CRS-2007-GVF-0005

Access Restriction:

Restricted for use by site license