SECURITIES related term(s) Investments

Addresses

Futures Industry Annual Meeting: Senator Dixon, 4593-4594 [20MR]

Savings and Loan Associations: President Bush, 15424 [22JN]

Setting the Record Straight—Holding and Trading Stock Index Risk—Market Innovations, Volatility, and Public Policy: Wendy L. Gramm, 3224-3225 [1MR]

Amendments

Futures Trading Practices Act: enact (S. 1729), 31366 [19OC]

Market Reform Act: enact (S. 648), 23406 [4AU]

SEC: prevention of disruption in securities markets (H.R. 3657), 25711, 25817 [25SE], 26624-26629 [28SE]

Transactions: clearance and settlement (H.R. 3656), 36295, 36641 [27OC], 36907 [27OC]

Analyses

Bondholders Protection Act (S. 2010), 176 [23JA]

Capital Market Competition, Stability, and Fairness Act (H.R. 5006), 13813-13815 [13JN]

Capital Markets and Competition, Stability, and Fairness Act (S. 2814), 16454-16456 [28JN]

Compromise Futures Trading Practices Act Amendment on Intermarket Coordination, 30906 [18OC]

Fair Disclosure in Takeovers Act (H.R. 4620), 8561 [27AP]

Fair Trade in Financial Services Act (S. 2028), 687 [29JA]

Gas Related Activities Act (S. 2761), 14813 [20JN]

Penny Stock Reform Act (H.R. 4497), 6856 [4AP]

Tax treatment of asset acquisitions and limit of interest deductions by foreigners under certain circumstances (H.R. 4646), 8565 [27AP]

Appointments

Conferees: H.R. 1396, International Securities Enforcement Cooperation Act, 27263 [3OC]

Articles and editorials

Americans Skating on Economic Thin Ice, 3242 [1MR]

Battle Over Regulation of the Futures Markets, 4591 [20MR]

Bond Issue Is Essential To Protect Chester County's Future, 15044 [20JN]

``Bubble'' of Hot Air, 28166 [10OC]

Bush Capital Gains Loophole—$32,819 Tax Break for the 6,846 Richest Connecticuters, 24026 [12SE]

Bush Must Bend on Capital Gains, 26663 [28SE]

Capital Gains Promise—Still False, 13809 [12JN]

Capital Gains Treatment, 3085 [1MR]

Congress Learns That Even Thrifts Have Constitutional Rights, 5606 [28MR]

Damning Facts of a New Stocks Tax, 18604 [23JY]

Deposit Insurance Reform, 18132-18133 [19JY]

Depositors' Insurance—A Little Help for the Feds, 25750 [25SE]

Harmonizing Margins—The Regulation of Margin Levels in Stock Index Futures Markets, 13144-13151 [6JN]

How To Imperil Financial Futures, 5690 [28MR]

It's Bad for Lockheed—and America, 6054 [29MR]

Leave the Stock Index Futures Alone, 13791 [12JN]

Let's Not Get All Worked Up Again Over Savings, 5544 [27MR]

Link Futures Market Regulators, 4594 [20MR]

Needed—Bolder Steps Toward Freer Access, 689 [29JA]

Reducing the Tax on Capital Gains, 3085 [1MR]

Revitalize, 24753 [17SE]

SEC's Powers Shouldn't Be Expanded, 15867 [27JN]

Sleepy Watchdog—Commodities Abuses Have Long Continued Despite NFA Scrutiny, 33917, 33919 [25OC]

``Slow Start'' to Probe of Delay on Silverado, 25751 [25SE]

S&Ls in Trouble, 15423 [22JN]

Tax Rates Under the ``Bubble'', 15863 [27JN]

Treasury Pressing Street To Line Up Behind Jurisdiction Bill, 15868 [27JN]

Two Exchanges Combine Global Futures Systems, 12972 [5JN]

Unmentionable Prescription, 14244 [14JN]

Bills and resolutions

Bank Securities Registration and Administration Act: enact (see S. 2496)

Bondholders Protection Act: enact (see S. 2010)

Business: amend Federal laws to equalize regulatory treatment (see H.R. 5777)

———disclosure of short positions of major short position holders (see H.R. 5939)

———promotion of employee stock ownership plans (see H.R. 4226)

Capital Markets and Competition, Stability, and Fairness Act: enact (see S. 2814)

Correctional institutions: treatment of bonds used to finance (see H.R. 4814)

Counterfeit Deterrence Act: enact (see S. 2748)

Courts: Senate Legal Counsel representation in American Continental Corp./Lincoln Savings and Loan securities litigation (see S. Res. 281)

Crime and criminals: facilitate cooperation with foreign countries in law enforcement (H.R. 1396), concurrence of the House to the Senate amendment (see H. Res. 483)

Depositor Protection and Abuse Prevention Act: enact (see S. 2058)

Dept. of Justice: establish Financial Services Crime Division (see H.R. 5101)

Dept. of the Treasury: adopt distinctive counterfeit deterrents for the manufacture of U.S. securities (see H.R. 4313)

District of Columbia: waive period of congressional review for certain acts authorizing revenue bonds (see H.R. 5628)

Employment: require qualifying employer securities to include interests in publicly traded partnerships (see H.R. 5872)

Fair Trade in Financial Services Act: enact (see S. 2028)

Foreign investments: improve quality of data (see H.R. 4520)

Gas Related Activities Act: enact (see S. 2761)

International Finance Corp.: legal status of securities in the U.S. (see S. 2333)

Investments: improve disclosure to customers of advisers (see H.R. 4441)

Markets: regulation, stability, and competition (see H.R. 5006)

Markets and Trading Reorganization and Reform Act: enact (see H.R. 4477)

Monopolies: notification requirements applicable to foreign persons who acquire voting securities or assets of persons in the U.S. (see H.R. 5581)

National Commission on Financial Institution Reform, Recovery, and Enforcement: establish (see S. 2903)

Penny Stock Reform Act: enact (see H.R. 4497)

Resolution Trust Corp.: identification procedures for certain environmentally sensitive property (see H.R. 4896)

Savings and loan associations: bailout (see S. 2829; H. Con. Res. 350)

SEC: disclosure of information relative to certain proxy contests (see H.R. 4620)

———enforcement remedies for violations and eliminate abuses in penny stock transactions (see H.R. 5325)

Seed Capital Formation Act: enact (see S. 2798)

Small Investor Protection Act: enact (see S. 2057)

States: payment of certain thrift deposit insurance premiums as a condition for future Federal deposit insurance coverage (see H.R. 5323)

Tax Reform Act: property transition and bond issuance requirements (see S. 3096, 3097; H.R. 5711, 5712)

Taxation: bond issuance requirements (see H.R. 5691)

———broker reporting requirements (see H.R. 4960, 5123)

———calculation of net investment income (see H.R. 5207)

———capital gains (see H.R. 4105, 4859, 5364, 5906)

———deny deduction for interest on junk bonds used in hostile takeovers (see H.R. 4334)

———gratuitous transfers of employer securities for the benefit of employees (see S. 2861)

———increase the amount of bonds eligible for certain small issuer exceptions (see S. 3162; H.R. 5423)

———treatment of advance refunding bonds (see H.R. 4524)

———treatment of asset acquisitions and limit of interest deductions by foreigners under certain circumstances (see H.R. 4646)

———treatment of certain bonds (see H.R. 4431)

———treatment of certain high-yield discount obligations (see H.R. 4335)

———treatment of interest on newly issued obligations of the Government (see H.R. 5077)

———treatment of qualified mortgage bonds and mortgage credit certificates (see H.R. 5829)

———treatment of qualified small issue bonds (see H.R. 5831)

———treatment of qualified small issue bonds through 1995 (see H.R. 4573)

———treatment of recycling facilities under the tax-exempt bond rules (see H.R. 4944)

Tax-exempt bonds: continue provisions permitting certain small issues (see H.R. 4408)

Transactions: clearance and settlement (H.R. 3656), correction of engrossment (see H. Res. 405)

Comparisons

Capital gains taxation legislation, 15865 [27JN]

Documents

Bondholders Protection Act: Office of Thrift Supervision, 176-190 [23JA]

Explanations

Gas Related Activities Act (S. 2761), 14813 [20JN]

Letters

CFTC and SEC jurisdictional dispute: several agricultural organizations, 8103 [24AP]

Counterfeit deterrents: Edith E. Holiday, Dept. of the Treasury, 14456 [18JN]

Income tax rates: Senator Bradley, 28167 [10OC]

International Development Association: Edith E. Holiday, Dept. of the Treasury, 5303 [26MR]

International Securities Enforcement Cooperation Act: SEC, 35089 [26OC]

Penny Stock Reform Act: Consumer Federation of America, 6856 [4AP]

Regulation of financial planners: Institute of Certified Financial Planners, 6178 [2AP]

Resolution Trust Corp. funding: Nicholas F. Brady, Sec. of the Treasury, 36348 [27OC]

Robert L. Thompson's role in the savings and loan crisis: Senator Kerrey, 21697 [2AU]

Sale of securities by certain banks and thrift institutions: Dept. of the Treasury, 1084 [1FE]

Savings and loan associations: Lawrence W. Taggart, 14527-14529 [19JN]

———Representative Hoyer, 15423 [22JN]

SEC jurisdiction over utility holding companies: SEC, 36136 [27OC]

———Senator McClure, 36136 [27OC]

Limericks

``Savings and Loan Crisis'', 14877 [20JN]

Memorials of legislature

California, 9605 [8MY], 24755 [17SE], 26908 [1OC]

Virginia, 13263 [6JN]

Petitions

Louisiana Dept. of the Treasury, 40 [23JA]

Sheboygan, WI, Common Council, 27152 [2OC]

Poems

``S and L Riot'', 7675 [20AP]

Remarks in House

American Small Business Stock Exchange, Inc.: tribute, 33350 [23OC]

Banks and banking: deposit insurance reform, 23466-23471 [5SE]

———insurance of the thrift industry (H.R. 1260), 18595 [20JY]

———junk bonds, 19702 [26JY]

———speculative activities, 25564 [25SE]

Budget: personal income versus capital gains tax rates, 24742-24744, 24752 [17SE], 24896 [18SE], 25158, 25163 [19SE], 25559, 25560, 25562, 25563, 25564 [25SE], 26193 [27SE], 26566, 26567, 26568 [28SE], 26663 [28SE], 29125 [15OC], 30111, 30114, 30115, 30116 [17OC], 30466 [18OC]

———tax rates on certain upper income brackets, 31911 [22OC], 32618, 32621 [23OC], 33610, 33615 [24OC], 34082 [25OC]

CFTC: funding, 17510 [16JY]

Corporations: protection of employees and investors relative to leveraged buyouts, 12 [23JA], 448 [24JA], 718 [30JA], 7281 [18AP], 7918 [24AP]

———protection of public interest and investors relative to takeovers, 1488 [7FE], 6054 [29MR]

Courts: restitution by convicted criminals, 13303, 13306 [7JN]

Crime and criminals: facilitate cooperation with foreign countries in law enforcement (H.R. 1396), 14272 [14JN]

———facilitate cooperation with foreign countries in law enforcement (H.R. 1396), concurrence of the House to the Senate amendment (H. Res. 483), 26828-26835 [1OC]

———facilitate cooperation with foreign countries in law enforcement (H.R. 1396), conference report, 35088-35090 [26OC]

Dept. of Justice: establish Financial Services Crime Division (H.R. 5101), 14937 [20JN]

Drexel Burnham Lambert, Inc.: bankruptcy, 2494 [26FE], 3078 [1MR]

Employee stock ownership plans: promotion (H.R. 4226), 4050 [8MR]

Employment: require qualifying employer securities to include interests in publicly traded partnerships (H.R. 5872), 32377 [22OC]

Federal laws: amend (H.R. 975), 18582 [20JY]

Foreign investments: improve quality of data (H.R. 4520), 7680 [20AP]

Honolulu Stock Exchange: establish, 714 [30JA]

Investments: acquisition of gas-related businesses, 36907 [27OC]

———improve disclosure to customers of advisers (H.R. 4441), 6177 [2AP], 6248 [2AP], 6596 [3AP]

Lockheed Corp.: impact of corporate takeover, 5701 [28MR]

Markets: regulation, stability, and competition (H.R. 5006), 13812, 13827 [13JN]

Markets and Trading Reorganization and Reform Act: enact (H.R. 4477), 6824, 6830 [4AP], 10224 [14MY]

Milken, Michael: sentencing for junk bond fraud, 8232 [25AP]

Penny Stock Reform Act: enact (H.R. 4497), 6621, 6623 [4AP], 6827, 6856 [4AP], 18582 [20JY]

Public debt: alleviate deficit through the sale of bonds, 5530 [27MR]

Savings and loan associations: bailout, 14028 [14JN], 16165-16169 [28JN], 17438 [13JY], 18767-18770 [23JY], 23053 [3AU], 25564 [25SE], 27615 [4OC], 27949 [7OC]

———clarify treatment of certain Federal financial assistance programs (H.R. 5886), 32601 [23OC]

———economic impact of defaults, 9824 [9MY], 13304, 13305, 13308 [7JN], 14599, 14600, 14601 [19JN]

———establishment of Resolution Trust Corp. and Office of Thrift Supervision, 3636 [7MR], 4262, 4270 [13MR], 6349-6352 [3AP], 6656 [4AP], 7674 [20AP]

———insurance, 12237 [24MY], 23076-23079 [3AU]

———reassessing blame for crisis, 10420 [15MY]

———Resolution Trust Corp. funding, 37137 [27OC]

———sale of bankrupt thrifts, 25849 [26SE]

SEC: disclosure of information relative to certain proxy contests (H.R. 4620), 8560 [27AP]

———eliminate abuses in penny stock transactions (H.R. 5325), 18582 [20JY]

———prevention of disruption in securities markets (H.R. 3657), 12624-12632 [5JN]

———prevention of disruption in securities markets (H.R. 3657), Senate amendments, 26624-26632 [28SE]

———provide enforcement remedies for violations and eliminate abuses in penny stock transactions (H.R. 5325), 18687-18697 [23JY]

———registration fees, 32651 [23OC]

States: payment of certain thrift deposit insurance premiums as a condition for future Federal deposit insurance coverage (H.R. 5323), 21603, 21607-21611 [1AU]

Taxation: broker reporting requirements (H.R. 5123), 15372 [22JN]

———capital gains, 3084-3086 [1MR], 4255, 4256, 4260 [13MR], 4325 [14MR], 4416 [15MR], 12109 [24MY], 18820 [24JY], 21238 [1AU], 23958, 24025 [12SE], 24895, 24896, 24897, 24898, 24899, 24901, 24902, 24903 [18SE], 26016, 26017, 26018, 26019 [26SE], 27688 [5OC], 27902 [6OC]

———capital gains (H.R. 4105), 2621 [26FE]

———deny deduction for interest on junk bonds used in hostile takeovers (H.R. 4334), 4947 [21MR]

———increase the amount of bonds eligible for certain small issuer exceptions (H.R. 5423), 21604 [1AU]

———treatment of advance refunding bonds (H.R. 4524), 7390 [18AP]

———treatment of asset acquisitions and limit of interest deductions by foreigners under certain circumstances (H.R. 4646), 8564 [27AP]

———treatment of certain bonds (H.R. 4431), 6083 [29MR]

———treatment of certain high-yield discount obligations (H.R. 4335), 4953 [21MR]

———treatment of qualified small issue bonds through 1995 (H.R. 4573), 7661 [19AP]

Tax-exempt bonds: continue provisions permitting certain small issues (H.R. 4408), 5804 [28MR]

Transactions: clearance and settlement (H.R. 3656), 9655-9658 [8MY], 36907 [27OC], 37130 [27OC]

———clearance and settlement (H.R. 3656), correction of engrossment (H. Res. 405), 12632, 12633 [5JN]

Remarks in Senate

Bank Securities Registration and Administration Act: enact (S. 2496), 8072 [24AP]

Bondholders Protection Act: enact (S. 2010), 175 [23JA]

Budget: personal income versus capital gains tax rates, 25859 [26SE], 28164-28167 [10OC]

———tax rates on certain upper income brackets, 30645-30652 [18OC]

Capital Markets and Competition, Stability, and Fairness Act: enact (S. 2814), 16453 [28JN]

CFTC: jurisdiction, 8103 [24AP]

———jurisdiction controversy with SEC, 9575 [8MY], 10017 [10MY], 14865 [20JN]

———SEC jurisdiction controversy, 6694 [4AP]

———transfer stock index futures jurisdiction, 15867-15868 [27JN]

Chicago Board of Trade: establishment of global trading system, 12972 [5JN]

Counterfeit Deterrence Act: enact (S. 2748), 14456 [18JN]

Courts: Senate Legal Counsel representation in American Continental Corp./Lincoln Savings and Loan securities litigation (S. Res. 281), 9818 [9MY]

Crime and criminals: facilitate cooperation with foreign countries in law enforcement (H.R. 1396), 27487 [4OC], 34035-34038 [25OC]

Depositor Protection and Abuse Prevention Act: enact (S. 2058), 1084, 1085 [1FE], 14582 [19JN]

Dept. of Labor: withdrawal of lawsuit in Dole v. Farnum employee stock ownership case, 36510 [27OC]

Employment: require qualifying employer securities to include interests in publicly traded partnerships (H.R. 5872), 33580 [24OC]

Fair Trade in Financial Services Act: enact (S. 2028), 683-686, 688 [29JA]

Futrures markets: regulation of margin levels in stock index, 13143 [6JN]

Futures Trading Practices Act: enact (S. 1729), 30906 [18OC], 33286 [23OC], 33915 [25OC], 35536-35539 [26OC]

Gas Related Activities Act: enact (S. 2761), 14812 [20JN]

International Development Association: U.S. participation (S. 2333), 5303 [26MR]

Investments: regulating stock index futures, 3224 [1MR]

Market Reform Act: enact (S. 648), 15867-15868 [27JN], 23404-23413 [4AU], 24457 [13SE]

Markets and Trading Reorganization and Reform Act: enact (H.R. 4477), 15867 [27JN]

National Commission on Financial Institution Reform, Recovery, and Enforcement: establish (S. 2903), 19436-19439 [25JY]

Philadelphia Stock Exchange: 200th anniversary observance, 7162 [5AP]

Ryan, T. Timothy, Jr.: nomination as Director, Office of Thrift Supervision, 5896 [29MR]

Savings and loan associations: bailout, 8832, 8840-8848 [1MY], 9335-9337 [3MY], 14525-14543 [19JN], 15385, 15421, 15425-15430, 15434 [22JN], 18404 [20JY], 21697 [2AU], 25749, 25828 [25SE], 28964 [12OC]

———economic impact of defaults, 14481 [18JN]

———establishment of Resolution Trust Corp. and Office of Thrift Supervision, 3106 [1MR], 5604, 5607 [28MR]

———insurance, 4097 [9MR]

———Presidential status report, 16489 [28JN]

SEC: jurisdiction, 5689 [28MR], 8103 [24AP]

———jurisdiction controversy with CFTC, 9575 [8MY], 10017 [10MY], 14865 [20JN]

———jurisdiction over utility holding companies, 36136 [27OC]

———prevention of disruption in securities markets (H.R. 3657), 25711-25720 [25SE]

———transfer stock index futures jurisdiction, 15867-15868 [27JN]

Securities Law Enforcement Remedies Act: enact (S. 647), 18092-18100 [18JY]

Small Investor Protection Act: enact (S. 2057), 1083 [1FE]

Super Savings Bond Act: enact (S. 2144), 2048, 2049 [20FE]

Taxation: capital gains-1165, 1298 [6FE], 15852-15865 [27JN], 17966 [18JY], 26467, 26468 [28SE]

———increase the amount of bonds eligible for certain small issuer exceptions (S. 3162), 27831 [5OC]

———transfer of stocks, 18604 [23JY]

Transactions: clearance and settlement (H.R. 3656), 13421 [7JN], 36295-36297 [27OC]

Reports

Initiatives Aimed at Reducing Volatility, Enhancing Investor Confidence: New York Stock Exchange panel, 14865 [20JN]

Tax Treatment of Capital Gains: GAO, 3084 [1MR]

Reports by conference committees

International Securities Enforcement Cooperation Act (H.R. 1396), 33123-33129 [23OC]

Reports filed

Cooperation With Foreign Countries in Law Enforcement: committee of conference (H.R. 1396) (H. Rept. 101-924), 33167 [23OC]

Improve the Quality of Data on Foreign Investments: Committee on Foreign Affairs (H.R. 4520) (H. Rept. 101-855), 28799 [12OC]

Quality of Data on Foreign Investment in U.S.: Committee on Energy and Commerce (H.R. 4520) (H. Rept. 101-855), 30250 [17OC]

Securities Exchange Act Amendment: Committee on Banking, Housing, and Urban Affairs (S. 648) (S. Rept. 101-300), 11658 [22MY]

Securities Law Enforcement Remedies Act: Committee on Banking, Housing, and Urban Affairs (S. 647) (S. Rept. 101-337), 15590 [26JN]

Resolutions by organizations

Gas Related Activities Act: National Association of Regulatory Utility Commissioners, 14814 [20JN]

Savings and loans bailout and affordable housing shortage: League of Cities of the U.S., 3637 [7MR]

Statements

Capital Gains: Stephen C. Swid, 3560 [6MR]

Regulation of Financial Planners: American Association of Retired Persons, 6178 [2AP]

———Consumer Federation of America, 6178 [2AP]

———National Association of Personal Financial Advisors, 6179 [2AP]

———North American Securities Administrators Association, 6179 [2AP]

Summaries

Markets and Trading Reorganization and Reform Act (H.R. 4477), 6825-6827, 6831 [4AP]

Securities Enforcement and Penny Stock Reform Act (H.R. 5325), 18582-18584 [20JY]

Tables

Capital gains tax legislation comparison, 15865 [27JN]

Capital gains tax rates, 27902 [6OC]

Certificate of deposit yields: American Banker (magazine), 24029 [12SE]

Economic Growth and Venture Capital Act comparison, 14243, 14244 [14JN]

Social Security lending to the Federal Government—end of year balances invested in U.S. Government securities, 20715 [31JY]

Testimonies

CFTC/SEC Jurisdiction Controversy on Equities and Futures Markets: Alan Greenspan, 6694-6696 [4AP]

SEC and CFTC Jurisdiction Over Stock and Futures Issues: Alan Greenspan, 15867 [27JN]

Texts of

H. Res. 405, correction of engrossment of H.R. 3656, clearance and settlement of securities transactions, 12632 [5JN]

H. Res. 483, facilitate cooperation with foreign countries in law enforcement (H.R. 1396), concurrence of the House to the Senate amendment, 26828-26833 [1OC]

H.R. 3656, clearance and settlement of securities transactions, 9655 [8MY]

H.R. 3657, Securities Market Reform Act, 12624-12628 [5JN]

H.R. 4334, denial of deduction for interest on junk bonds used in hostile takeovers, 4947 [21MR]

H.R. 4335, taxation for certain high-yield discount obligations, 4953 [21MR]

H.R. 5101, establish Financial Services Crime Division within Dept. of Justice, 14937 [20JN]

H.R. 5325, Securities and Penny Stock Reform Act, 18687-18694 [23JY]

H.R. 5872, require qualifying employer securities to include interests in publicly traded partnerships, 32378 [22OC]

S. 647, Securities Law Enforcement Remedies Act, 18092-18097 [18JY]

S. 648, Market Reform Act, 23410-23413 [4AU]

S. 2010, Bondholders Protection Act, 176 [23JA]

S. 2028, Fair Trade in Financial Services Act, 686 [29JA]

S. 2057, Small Investor Protection Act, 1083 [1FE]

S. 2058, Depositor Protection and Abuse Prevention Act, 1084 [1FE]

S. 2144, Super Savings Bond Act, 2049 [20FE]

S. 2333, U.S. participation, 5303 [26MR]

S. 2496, Bank Securities Registration and Administration Act, 8072-8075 [24AP]

S. 2748, Counterfeit Deterrence Act, 14456 [18JN]

S. 2829, Presidential status report on savings and loan issues, 16489 [28JN]

S. 2903, establish a National Commission on Financial Institution Reform, Recovery, and Enforcement, 19437 [25JY]

S. Res. 281, Senate Legal Counsel representation in American Continental Corp./Lincoln Savings and Loan securities litigation, 9805, 9819 [9MY]