3.0.0 2886 2023-01-11T13:16:50Z 2023-01-11T13:16:50Z Senate S S 2009-12-16 111 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2009-12-16T21:22:59Z Glass-Steagall Restoration Act 111 4375 HR 2009-12-16 Referred to the House Committee on Financial Services. Related bill CRS Banking Integrity Act of 2010 111 4461 HR 2010-01-15 Referred to the House Committee on Financial Services. Related bill CRS 2009-12-16 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2009-12-16 Introduced in Senate IntroReferral 10000 9 Library of Congress C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA N M000303 Sen. McCain, John [R-AZ] JOHN MCCAIN R AZ SIDNEY 2009-12-16 True F000061 Sen. Feingold, Russell D. [D-WI] RUSSELL FEINGOLD D WI D. 2009-12-16 True S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT 2009-12-17 False B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2009-12-17 False K000373 Sen. Kaufman, Edward E. [D-DE] Edward Kaufman D DE E. 2009-12-18 False H000206 Sen. Harkin, Tom [D-IA] THOMAS HARKIN D IA RICHARD 2010-01-20 False Finance and Financial Sector Banking and financial institutions regulation Insurance industry and regulation Securities Finance and Financial Sector 00 2009-12-16 Introduced in Senate 2009-12-23T21:55:05Z Banking Integrity Act of 2009 - Amends the Banking Act of 1933 (Glass-Steagall Act) to prohibit a member bank from being affiliated with specified organizations engaged principally in the issue, flotation, underwriting, public sale, or distribution of stocks, bonds, debenture, notes, or other securities.

Prohibits the staff and personnel of corporations and partnerships (as well as any individual) primarily engaged in the issue, flotation, underwriting, public sale, or distribution, of stocks, bonds, or other similar securities, from serving simultaneously as an officer, director, or employee of any member bank of the Federal Reserve System. Authorizes the Board of Governors of the Federal Reserve System to grant limited exceptions.

Prohibits a depository institution from engaging in the business of insurance or any insurance-related activity.

]]> Banking Integrity Act of 2009 Display Title Banking Integrity Act of 2009 Official Title as Introduced A bill to prohibit certain affiliations (between commercial banking and investment banking companies), and for other purposes. Introduced in Senate IS Short Titles as Introduced Banking Integrity Act of 2009 Introduced in Senate 2009-12-16T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s2886is/xml/BILLS-111s2886is.xml 2009-12-16 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.