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- Title
FIDUCIARY ISSUES IN FEDERAL BANKING REGULATION.
- Authors
Baxter, Lawrence G.
- Abstract
This article aims to disentangle the real fiduciary issues involved in federal banking regulation in the U.S. It presents a historical overview of the enhanced enforcement powers given to banking agencies in 1989 by the U.S. Congress. It discusses the impact of this enhanced enforcement powers on officers and directors of banking institutions and on third parties such as accountants and lawyers. It says that the increase in lawsuits filed by banking agencies has created a new era of fiduciary doctrine in the country.
- Subjects
UNITED States; BANKING laws; FIDUCIARY responsibility; FIDUCIARY liability; ENFORCEMENT; THIRD parties (Law); BANKING industry
- Publication
Law & Contemporary Problems, 1993, Vol 56, Issue 1, p7
- ISSN
0023-9186
- Publication type
Article
- DOI
10.2307/1192080