Affiliates in Banking, Finance, and Commerce: Development and Regulatory Background

Jackson, William D.

Library of Congress. Congressional Research Service.

关键词: Finance;    Banks and banking;    Banking law;   

RP-ID  :  RS21680
RP-ID  :  RS21680_2005Apr27

美国|英语

来源: UNT Digital Library

【 摘 要 】

The proliferation of corporate affiliates in banking, finance, and commerce has figured in discussion of several policy issues, including how to protect against (1) losses incurred by affiliated companies; (2) anticompetitive “tying” of bank and nonbank financial services; and (3) misuse of financial data of consumers. This report outlines the nature and evolution of affiliates, primarily from a regulatory perspective. It provides background for discussing financial issues involving corporate affiliates.