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I (1990)

handle is hein.cbhear/cbhearings12127 and id is 1 raw text is: S. HRG. 101-870 THE FAIR TRADE IN FINANCIAL SERVICES ACT OF 1990 HEARING BEFORE THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS UNITED STATES SENATE ONE HUNDRED FIRST CONGRESS SECOND SESSION ON S. 2028 TO AMEND THE INTERNATIONAL BANKING ACT OF 1978 AND THE SE- CURITIES EXCHANGE ACT OF 1934 TO PROVIDE FOR FAIR TRADE IN FINANCIAL SERVICES S. 2028 IS DESIGNED TO STRENGTHEN OUR TREASURY DEPARTMENT'S BARGAINING POWER TO OPEN FOREIGN MARKETS. UNDER IT, THE TREASURY HAS DISCRETION TO PERMIT BANKING AND SECURITIES REGULATORS TO DENY NEW APPLICATIONS FOR REGULATORY AP- PROVAL FROM FINANCIAL FIRMS FROM COUNTRIES THAT DISCRIMI- NATE AGAINST U.S. FIRMS APRIL 5, 1990 Printed for the use of the Committee on Banking, Housing, and Urban Affairs U.S. GOVERNMENT PRINTING OFFICE 33-552 WASHINGTON : 1990 For sale by the Superintendent of Documents, Congressional Sales Office U.S. Government Printing Office, Washington, DC 20402

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