Comment Period Closing on Bank Securities Brokerage Proposal
|
| KEVIN HANDLY handly@gcglaw.com) is a banking lawyer in the Boston office of Gallagher, Callahan & Gartrell P.C. |
By Kevin J. Handly
The period for public comments on the joint proposal of the Federal Reserve Board (FRB) and the U.S. Securities and Exchange Commission (SEC) to regulate the securities transactional services of banks will close March 26. The regulatory compromise proposal brings to a close an eight-year battle between federal securities regulators and banks over the securities transactional services banks can provide to their customers.
Subscribers, click here to read entire story | Click here to purchase a subscription
|
