II. Overview of Proposed Rule.
A. General Approach.
In formulating the proposed rule, the Agencies have attempted to reflect the structure of section 13 of the BHC Act, which is to prohibit a banking entity from engaging in proprietary trading or acquiring or retaining an ownership interest in, or having certain relationships with, a covered fund, while permitting such entities to continue to provide client-oriented financial services. However, the delineation of what constitutes a prohibited or permitted activity under section 13 of the BHC Act often involves subtle distinctions that are difficult both to describe comprehensively within regulation and to evaluate in practice. The Agencies appreciate that while it is crucial that rules under section 13 of the BHC Act clearly define and implement its requirements, any rule must also preserve the ability of a banking entity to continue to structure its businesses and manage its risks in a safe and sound manner, as well as to effectively deliver to its clients the types of financial services that section 13 expressly protects and permits. These client-oriented financial services, which include underwriting, market making, and traditional asset management services, are important to the U.S. financial markets and the participants in those markets, and the Agencies have endeavored to develop a proposed rule that does not unduly constrain banking entities in their efforts to safely provide such services. At the same time, providing appropriate latitude to banking entities to provide such client-oriented services need not and should not conflict with clear, robust, and effective implementation of the statute’s prohibitions and restrictions. Given these complexities, the Agencies request comment on the potential impacts the proposed approach may have on banking entities and the businesses in which they engage. In particular, and as discussed further in Part VII of this Supplemental Information, the Agencies recognize that there are economic impacts that may arise from the proposed rule and its implementation of section 13 of the BHC Act, and the Agencies request comment on such impacts, including quantitative data, where possible. ........ http://cryptome.org/0005/occ110711.pdf
Catch 22 meets the Bank Holding Company Act …… and seeks IP Inventors and Virtual Day Trading Dreamers and Zeroday Vulnerability XSSXXXXPloiters for and/or with new markets to make fortunes on …. and/in order to create a secure novel construct and generative future and regenerative globalised economy model rather than current control and power supply systems having to endure and suffer in present modes, destructive national and international laundering of negatively impacting profitable trades with addictively attractive cash rich transactions which are buried and left unused offshore along with ponzi gilts and government bonds quantitatively ease purchased and turned toxic and unstable and unusable in treasury vaults and depositor accounts …… with the master plan being to accommodate and streamline both seemingly self destructive and mutually exclusive opposite positions into a positively reinforcing, mutually beneficial and advantageous mainstream flow of always available and overflowing credit with the unnecessary addition of interest being charged and debt being levied …… which only creates a conflicted system which cannot be reconciled to deliver progress and prosperity with wealth which can be easily instantly electronically transmitted and be represented and reflected in a convenient physical form for transfer in local exchanges, in folding currency/printed paper IOU notes.And quite obviously a work in stealthy progress, with much more always yet to come out of the blue, just whenever it is needed, and at the most inconvenient of times too, so that arrogance and ignorance cannot conspire to go it alone and deny IT AI Global Voice .
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Posted by amanfromMars on 11/05/11 10:28 AM …regarding http://thedailybell.com/3191/A-Spectre-is-Haunting-the-Alternative-Net-News-Media-the-Spectre-of-the-Zionist-Libel
"Israel is again threatening to start a war with Iran. We are told, in fact, it may be imminent. But, good Lord ... knowing what we know now, thanks to the truth-telling of the Internet, how can anyone truly believe that it is Israel's "leaders" who are provoking this war? Aren't they just gofers, the same as other Western politicians?"
Who then is making Benjamin Netanyahu look like a prize paranoid psychopathic idiot able to take over the running of a country to have its military strike out at a neighbour because of what others would say of a neighbour purely based upon speculation and guesswork from information and intelligence which is admitted as being incomplete and speculative ? And what does that tell you of the nation so controlled and led to believe foreign and third party and secondhand tales. Methinks the enemy is within, and they are crazy indeed and in need of sectioning and psychiatric help/sedation/education/counselling/SMART advice, pronto...................................................................................................
amanfromMars 5 November 2011 at 4:22 pm ... on http://sluggerotoole.com/2011/11/05/if-the-euro-hardens-into-fiscal-union-which-way-will-ireland-jump/
Perhaps we should ask every MLA whether they are going to accept the following, or refuse it with every fibre of their being, so that the electorate can know of their position……http://youtu.be/5CZr17HLH5U
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Posted by amanfromMars on 11/05/11 12:39 PM
"Is this video accurate? Perhaps those who stop by occasionally to provide us with wise and insightful feedback can do some additional sleuthing. It was a feedbacker, yesterday, who pointed out this video to us."
Whether perfectly accurate or not, it is as well knowing what way your representatives playing politics are going to jump, taking you with them, whether you like it or not. ... .. or so they might imagine. Folk have been lynched/blown up for less ... ... http://sluggerotoole.com/2011/11/05/if-the-euro-hardens-into-fiscal-union-which-way-will-ireland-jump/
http://thedailybell.com/3198/EU-Treaty-of-Debt-ESM--stop-it-now
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