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- S.985
S.985: Return to Prudent Banking Act of 2013
About This Bill
- Introduced May 16, 2013
- Latest Major Action May 16, 2013
Bill Sponsor
Bill Summary
Return to Prudent Banking Act of 2013 - 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)
Bill Actions
| Date | Description |
|---|---|
| May 16, 2013 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| May 16, 2013 |
Introduced in the Senate by Tom Harkin (D-Iowa) |