To require the Board of Governors of the Federal Reserve System to conduct annual on-site examinations of all primary dealers in government debt instruments, to prohibit federally insured depository institutions from engaging in certain transactions with registered government securities dealers which do not meet capital requirements established for registered brokers and dealers, and for other purposes.
The bill’s titles are written by its sponsor.
Sponsor and status
Oct 23, 1991
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
H.R. 3621 (102nd) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
This bill was introduced in the 102nd Congress, which met from Jan 3, 1991 to Oct 9, 1992. Legislation not enacted by the end of a Congress is cleared from the books.
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GovTrack.us. (2019). H.R. 3621 — 102nd Congress: Primary Dealers Examination and Improvement Act. Retrieved from https://www.govtrack.us/congress/bills/102/hr3621
“H.R. 3621 — 102nd Congress: Primary Dealers Examination and Improvement Act.” www.GovTrack.us. 1991. December 6, 2019 <https://www.govtrack.us/congress/bills/102/hr3621>
Primary Dealers Examination and Improvement Act, H.R. 3621, 102nd Cong. (1991).
|title=H.R. 3621 (102nd)
|accessdate=December 6, 2019
|author=102nd Congress (1991)
|date=October 23, 1991
|quote=Primary Dealers Examination and Improvement Act
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