94-2-5

Ba194 fini

S. 2304

CONTENTS

LIST OF WITNESSES

Robert C. Holland, Governor, Federal Reserve System..

Robert E. Barnett, Chairman, Federal Deposit Insurance Corporation.
C. Westbrook Murphy, Deputy Comptroller for Law and Chief Counsel;
accompanied by Robert B. Šerino, Director of Enforcement and Com-
pliance, Office of the Comptroller of the Currency-

Ronald A. Terry, chairman, First Tennessee National Corp.; and Gerald
Sinclair, executive vice president, Salem National Bank; on behalf of
the American Bankers Association..

ADDITIONAL DATA FOR THE RECORD

Letter from Governor Holland to Senator Proxmire enclosing summary of

each cease and desist order and written agreement issued by the Federal

Reserve System during the past five years..

23

Legislative proposals under FDIC consideration as a result of the failure

of U.S. National Bank and related enforcement problems.

FDIC adopts final regulation of inside transactions of nonmember banks. -

FDIC approval and record keeping requirements pertaining to insider

transactions.

30

33

34

Proceedings brought by the Comptroller of the Currency pursuant to the

cease and desist provisions of the Financial Institutions Act of 1966___

(III)

61

AIGN