H.R. 10--the Financial Services Modernization Act of 1999
Author: United States. Congress. House. Committee on Banking and Financial Services
Publisher:
Published: 1999
Total Pages: 892
ISBN-13:
DOWNLOAD EBOOK →Lanterna Rally
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The Gramm-Leach-Bliley Act
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
Published: 1999
Total Pages: 486
ISBN-13:
DOWNLOAD EBOOK →Financial Services Modernization
Financial Services Modernization
Financial Services Modernization
Author: United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Financial Institutions and Consumer Credit
Publisher:
Published: 1997
Total Pages: 886
ISBN-13:
DOWNLOAD EBOOK →Encyclopedia of Finance
Author: Cheng-Few Lee
Publisher: Springer Science & Business Media
Published: 2006-07-27
Total Pages: 861
ISBN-13: 0387262849
DOWNLOAD EBOOK →This is a major new reference work covering all aspects of finance. Coverage includes finance (financial management, security analysis, portfolio management, financial markets and instruments, insurance, real estate, options and futures, international finance) and statistical applications in finance (applications in portfolio analysis, option pricing models and financial research). The project is designed to attract both an academic and professional market. It also has an international approach to ensure its maximum appeal. The Editors' wish is that the readers will find the encyclopedia to be an invaluable resource.
Financial Market Regulation
Author: John A. Tatom
Publisher: Springer Science & Business Media
Published: 2011-01-11
Total Pages: 243
ISBN-13: 1441966374
DOWNLOAD EBOOK →What role should regulation play in financial markets? What have been the ramifications of financial regulation? To answer these and other questions regarding the efficacy of legislation on financial markets, this book examines the impact of the Gramm Leach Bliley Act (GLBA), also called the Financial Modernization Act of 1999, which fundamentally changed the financial landscape in the United States. The GLBA allows the formation of financial holding companies that can offer an integrated set of commercial banking, securities and insurance products. The tenth anniversary of the most sweeping financial legislation reform in the industry’s structure is a natural benchmark for assessing the effects of the law and for questioning whether changes are necessary in the working of this historic legislation. The importance of this review is reinforced by a variety of proposals in the last several years to reform the regulation of financial institutions that have attracted considerable attention among regulators and in the financial firms that they regulate. Most recently, the financial crisis and the failure of some large financial institutions have called into question the legitimacy of America’s current financial structure and its regulation, including to some degree the GLBA. There is no doubt that regulatory reform is front and center on today’s policy agenda. The lessons of the GLBA experience and its effects, both domestic and international, on financial markets and competitiveness, risk-taking and risk management by financial services firms and their regulators will be critical to the direction the country takes and the effort to ensure that future financial crises do not occur or have less costly damage. With contributions from academics, policy experts, and a sponsor of the GLBA, Congressman James Leach, this book is invaluable to anyone interested in financial system reform.
Financial Services Modernization
Financial Modernization
Author: United States. Congress. House. Committee on Banking and Financial Services
Publisher:
Published: 1997
Total Pages: 596
ISBN-13:
DOWNLOAD EBOOK →Universal Banking in the United States
Author: Anthony Saunders
Publisher: Oxford University Press
Published: 1994-01-06
Total Pages: 287
ISBN-13: 0195359763
DOWNLOAD EBOOK →In 1933 and 1956, the United States sharply limited the kinds of securities activities, commercial activities, and insurance activities banks could engage in. The regulations imposed on banks back then remain in place despite profound changes in the economic environment, in the structure of the national and international financial markets, and in technology. In this span of time many industries, especially those confronting global competition, have transformed themselves dramatically in their efforts to survive and prosper. Not so in the American financial services sector, banks have largely remained stuck in an antiquated regulatory structure which has placed the burden of responding to the needs of market-driven structural change on the shoulders of the regulators and the courts in a constant search for loopholes in the law. The purpose of this book is to evaluate the case for and against eliminating the barriers that have so long existed between banking and other types of financial services in the United States. Universal Banking in the United States studies the consequences of bank regulation in the U.S. as it relates to competition in international financial markets. Anthony Saunders and Ingo Walter examine universal banking systems in other countries, especially Germany, Switzerland, and the U.K., and how they work. They then apply the lessons to U.S. banking, paying particular attention to the benchmarks of stability, equity, efficiency, and competitiveness against which the performance of national financial systems should be measured. In the end, the authors propose the outlines of a level playing field on which any number of forms of organization can grow in the financial services sector, in which universal banking is one of the permitted structures, and where regulation is linked to function.
