Small Investors, Stocks, and Financial Intermediaries : A Case for Functional Regulation.
Highlights household asset composition trends, particularly the growing proportion of stocks and bonds, and reviews the accompanying increase in types of financial intermediaries, including banks and insurance companies, offering securities products to small investors. Reviews existing regulatory st...
| Corporate Authors: | , |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
[Place of publication not identified] :
[publisher not identified],
1998.
|
| Series: | U.S. Congressional Research.
|
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Highlights household asset composition trends, particularly the growing proportion of stocks and bonds, and reviews the accompanying increase in types of financial intermediaries, including banks and insurance companies, offering securities products to small investors. Reviews existing regulatory structure, and analyzes proposed functional regulation of retail securities market, to impose uniform requirements on any firm or institution selling investment securities products to small investors. Discusses customer protection issues and H.R. 10, to amend Banking Act of 1933 provisions known as the Glass-Steagall Act and other acts to provide for regulatory reforms to promote competition in the financial services industry. |
|---|---|
| Item Description: | Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource. |
| Physical Description: | 1 online resource. |