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HR 1463 100th Congress House Finance and Financial Sector Foreign Trade and International Finance Foreign Trade and Investments Foreign investments Government securities International competitiveness Japan Nontariff trade barriers Reciprocity Securities Securities and Investments Securities industry Securities regulation

Primary Dealers' Fair Competition Act

Introduced: March 5, 1987 Introduced by: Schumer, Charles E. Democratic · New York See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 23, 1987
Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Mar 23, 1987
Referred to Subcommittee on Domestic Monetary Policy.
Mar 5, 1987
Referred to House Committee on Banking, Finance and Urban Affairs.
Mar 5, 1987
Introduced in House
 Plain-English summary Congressional Research Service

Primary Dealers' Fair Competition Act - Expresses congressional findings, including that U.S. firms seeking to compete in Japan face discriminatory barriers which effectively preclude fair competition for Japanese business. Prohibits the Board of Governors of the Federal Reserve System or the Federal Reserve Bank of New York from designating, or permitting continued designation of, any person of a foreign country as a primary dealer in Government debt instruments if U.S. companies are denied equal access in the acquisition of government debt instruments issued by such country.

What's happening now March 23, 1987

Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.

 Committees of jurisdiction 3