H.R.1489: Return to Prudent Banking Act of 2011

About This Bill

Bill Cosponsors

84 (80 Democrats, 4 Republicans)

Bill Summary

Return to Prudent Banking Act of 2011 - Amends the Federal Deposit Insurance Act (FDIA) to prohibit an insured depository institution from being an affiliate of any broker or dealer, investment adviser, investment company, or any other person or entity engaged principally in the issue, flotation, underwriting, public sale, or distribution of stocks, bonds, debentures, notes, or other securities. Prohibits officers, directors and employees of...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.1489.

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
April 12, 2011

Introduced in the House by Marcy Kaptur (D-Ohio)

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