United States · Bill · S
S. 2886 (111th)
Banking Integrity Act of 2009
Introduced
16 December 2009
Last action
—
Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
—
Subjects
Discovery layer
Source updated
5 December 2025
Summary
Banking Integrity Act of 2009 - Amends the Banking Act of 1933 (Glass-Steagall Act) to prohibit a member bank from being affiliated with specified organizations engaged principally in the issue, flotation, underwriting, public sale, or distribution of stocks, bonds, debenture, notes, or other securities. Prohibits the staff and personnel of corporations and partnerships (as well as any individual) primarily engaged in the issue, flotation, underwriting, public sale, or distribution, of stocks, bonds, or other similar securities, from serving simultaneously as an officer, director, or employee of any member bank of the Federal Reserve System. Authorizes the Board of Governors of the Federal Reserve System to grant limited exceptions. Prohibits a depository institution from engaging in the business of insurance or any insurance-related activity.
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 16 December 2009
Introduced in Senate (PDF)
Introduced in Senate · EN · 16 December 2009
Introduced in Senate
summary · EN · 16 December 2009
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/111th-congress/senate-bill/2886
- Open data entity: https://api.congress.gov/v3/bill/111/s/2886