H.R.3306: Depository Institution Retail Investment Sales and Disclosure Act

About This Bill

Bill Summary

Depository Institution Retail Investment Sales and Disclosure Act - Amends the Federal Deposit Insurance Act to add provisions regulating the retail sales of nondeposit investment products (shares issued by a registered investment company) by insured depository institutions. Prohibits insured depository institutions from permitting any person to engage in any practice or advertising which could mislead a customer as to: (1) the uninsured...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Banking, Finance + Urban Affrs.
Sponsor introductory remarks on measure.
Oct. 19, 1993

Introduced in the House by Henry B. Gonzalez (D-Texas)

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