A Comparison of Proposals to Restructure the U.S. Financial System

نویسندگان

  • Alton Gilbert
  • P. Alton Gilbert
چکیده

permitted to offer only a limnited nanuge of financial services. At the sanue time, fir-ms enugaged in muonfinancial activities, as well as somne in financial industries, have not been pernnitted to owmu banks. Such restrictions were intended to limit the misk of bank failure, to avoid conflicts of intem-est and to prevent undue concentn-ation of financial power-.’ In r-ecent years, however-, the separation between banking and othuemactivities has been relaxed somewhat; what’s mom-c, Congress is considering funther relaxation, incknding expanding the power-s fum banking orgaruizationus to underwu-ite secun’ities.

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تاریخ انتشار 2003