4- JAN 27

HEARINGS

BEFORE THE

1965

SUBCOMMITTEE ON COMMERCE AND FINANCE.

OF THE

.S. Congress. House.COMMITTEE ON CARD DIVISION
INTERSTATE AND FOREIGN COMMERCE.
HOUSE OF REPRESENTATIVES

EIGHTY-EIGHTH CONGRESS

SECOND SESSION

ON

H.R. 8499, H.R. 9410

BILLS TO AMEND THE SECURITIES ACT OF 1933, AS AMENDED,
THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED, AND
THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED, TO
PROVIDE FOR THE REGULATION OF COLLECTIVE INVEST-
MENT FUNDS MAINTAINED BY BANKS, AND FOR OTHER
PURPOSES

Anderson, Hon. John B., a Representative in Congress from the

State of Illinois...

17

Barr, Joseph W., Chairman, Board of Directors, Federal Deposit
Insurance Corporation__

109

Bloom, Robert, Chief Counsel, Office of Comptroller of the Currency,

Department of the Treasury.

22

Bronston, Cecil, member, executive committee, trust division,

American Bankers Association.......

72, 85

Buek, Charles W., chairman, investment committee, trust division,

American Bankers Association..

72, 85

Fascell, Hon. Dante B., a Representative in Congress from the State

of Florida...

Ferguson, Robert D., representing American Bankers Association____

Haack, Robert W., president, National Association of Securities

Dealers, Inc....

Harris, Reese, vice president, trust division, American Bankers

Association

72

11

113

72, 85

Hexter, David B., Assistant General Counsel, Federal Reserve

Board..

103

Martin, William McChesney, Jr., Chairman, Board of Governors,

Federal Reserve System___

103

Miller, Dean, Deputy Comptroller of the Currency for Trusts,

Department of the Treasury.

Morris, William, consultant, Office of the Comptroller of the Currency,

Department of the Treasury.

22

22

Moulden, Raymond, director, investment companies department,

National Association of Securities Dealers, Inc.

113

Saxon, Hon. James J., Comptroller of the Currency, Department of

the Treasury.

22

Silverberg, Stanley, economist to the Trust Department, Office of the

Comptroller of the Currency, Department of the Treasury.

White, Marc A., vice president and general counsel, National As-

sociation of Securities Dealers, Inc.---

22

113

Additional information submitted for the record by-

American Investors Fund, Inc., letter from S. L. Sabel, vice president__

Comptroller of the Currency:

123

Bank trust investments; their size and significance.

Estimate of dollar amount involved in present legislation___

Fiduciary powers of national banks and collective investment

Trust powers of national banks (regulation F, sec. 206.17-Com-

mon Trust Funds)- - - -

56

H