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HR 3721 101th Congress House

Depository Institutions Consumer Protection Act of 1989

Official title: To amend the Federal Deposit Insurance Act to prohibit the sale of securities issued by insured depository institutitons or their affiliates on the premises of… Show full official titleShow less

Official title: To amend the Federal Deposit Insurance Act to prohibit the sale of securities issued by insured depository institutitons or their affiliates on the premises of insured depository institutions which are accessible to the general public.

Introduced: January 24, 1990 See on congress.gov
Finance and Financial Sector Consumer protectionFinancial institutionsFinancial servicesSecurities regulation
This bill died when the 101st Congress ended
It never became law before the 101st Congress (1989–1990) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 1, 1989
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Nov 17, 1989
Referred to the House Committee on Banking, Finance + Urban Affrs.
Nov 17, 1989
Introduced in House
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 Latest action December 1, 1989

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

 Plain-English summary Congressional Research Service

Depository Institutions Consumer Protection Act of 1989 - Amends the Federal Deposit Insurance Act to prohibit a depository institution from conducting or allowing any transactions of its own or an affiliate's securities in any part of its premises which is commonly accessible to the general public for the purpose of accepting deposits.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3721: Depository Institutions Consumer Protection Act of 1989. 101st Congress. Open America. https://openamerica.io/bill/101-HR-3721/
MLA
"H.R. 3721: Depository Institutions Consumer Protection Act of 1989." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-3721/.
Bluebook (legal)
H.R. 3721, 101st Cong. (2026), https://openamerica.io/bill/101-HR-3721/.
Markdown link
[H.R. 3721: Depository Institutions Consumer Protection Act of 1989](https://openamerica.io/bill/101-HR-3721/)
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