Time Magazine...

dees-obama-warmonger-cropd.jpg
 
Do all of you loser liberals turn into Desh?


how many times Have been proven right and you have been proven full of shit and lies?


there were no broker rules for years due to republican maneuvering of the GLBact.


there was white phosphorous use in fallugia


the voting machines were insecure.


Bush did lie us to war.



what were you ever right about?
 
how many times Have been proven right and you have been proven full of shit and lies?


there were no broker rules for years due to republican maneuvering of the GLBact.

You really want to be embarrassed on this yet AGAIN? You still have yet to show that you comprehend that the rules you scream and rant about were EXCEPTIONS to registration requirements. Prior to be put in place there was MORE regulation, not less. You moron.

what were you ever right about?

1) Glass Steagall repeal
2) Broker rules, I actually know what they are... you don't
3) That you are a complete moron
 


From post number 3 in that thread (you posted it)

"Washington, D.C., June 2, 2004 - The Securities and Exchange Commission today voted to publish for comment proposed Regulation B. This new regulation is designed to implement provisions of the Gramm-Leach-Bliley Act of 1999 that delineate the securities activities banks may engage in without registering as brokers under the Securities Exchange Act of 1934."
 
http://www.sec.gov/news/press/2004-73.htm


SEC Votes To Propose Provisions Implementing Gramm-Leach-Bliley Bank Broker Rules

FOR IMMEDIATE RELEASE
2004-73


Washington, D.C., June 2, 2004 - The Securities and Exchange Commission today voted to publish for comment proposed Regulation B. This new regulation is designed to implement provisions of the Gramm-Leach-Bliley Act of 1999 that delineate the securities activities banks may engage in without registering as brokers under the Securities Exchange Act of 1934.

Regulation B Proposals

The Gramm-Leach-Bliley Act (GLBA) replaced banks' complete exception from the definition of "broker" with eleven "functional exceptions." The Commission today voted to propose new rules to implement the GLBA definition by defining some of the statutory terms used in the eleven exceptions. It also proposed a number of new exemptions for some particular bank activities, under conditions that are consistent with investor protections. All of these provisions build off of rules the Commission adopted in 2001 (Interim Rules).
 
http://www.sec.gov/news/press/2004-73.htm


SEC Votes To Propose Provisions Implementing Gramm-Leach-Bliley Bank Broker Rules

FOR IMMEDIATE RELEASE
2004-73


Washington, D.C., June 2, 2004 - The Securities and Exchange Commission today voted to publish for comment proposed Regulation B. This new regulation is designed to implement provisions of the Gramm-Leach-Bliley Act of 1999 that delineate the securities activities banks may engage in without registering as brokers under the Securities Exchange Act of 1934.

Regulation B Proposals

The Gramm-Leach-Bliley Act (GLBA) replaced banks' complete exception from the definition of "broker" with eleven "functional exceptions." The Commission today voted to propose new rules to implement the GLBA definition by defining some of the statutory terms used in the eleven exceptions. It also proposed a number of new exemptions for some particular bank activities, under conditions that are consistent with investor protections. All of these provisions build off of rules the Commission adopted in 2001 (Interim Rules).

can you read?
 
"that delineate the securities activities banks may engage in without registering as brokers under the Securities Exchange Act of 1934."


and?
 
"that delineate the securities activities banks may engage in without registering as brokers under the Securities Exchange Act of 1934."


and?

are you seriously this fucking retarded?

The 'rules' you keep harping about are exceptions to regulation registration requirements. Meaning once the rules were in place there were LESS regulatory requirements, not MORE.
 
Back
Top