GOVERNMENT ACTIONS AFFECTING COMMERCE









 

    1996:   DECEMBER:

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  • (NO SPECIFIC DATE):    At some time during this year in the United States of America, the Federal Reserve System raises the amount of revenue that banks can collect from their underwriting activities to 25% from the former limit of just 10%.  (SOURCE: Article, Close, But No Banking Cigar  By Stephen Labaton in New York TIMES,  Friday, October 22, 1999, Section C, pg. 1).