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Bankers Association Files Objections to SEC's 'Push-Out' Interim Regulations (PDF)
American Bankers Association
July 24, 2001 "These rules address the exceptions from broker-dealer registration, more commonly called 'the push-out' provisions, contained in ... the Gramm-Leach-Bliley Act.... Our opposition to the rules is chiefly grounded upon the belief that the interim final rules do not comport with the plain meaning of the Gramm-Leach-Bliley Act and its legislative history.... [W]e call upon the Commission to announce immediately a delay in the October 1, 2001 and January 1, 2002 effective dates." MORE >> |
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