One of the restrictions is intended to prevent banks from using Government-insured deposits to finance their securities activities.
In fact, the new regulations amounted to an open invitation to use federally insured deposits to invest in virtually anything.
Among them is a rule intended to prevent banks from using Government-insured deposits to finance their securities activities.
The proposal would allow banks to diversify into new industries, while requiring that they not use federally insured deposits in those industries.
The first tier permits the Department would use deposits in the fund for processing and tracking both civil and criminal debt collection.
They said they were unaware that the bank was involved in a massive fraud scheme, which included using deposits to enrich its Middle Eastern owners.
The proposal would use deposits only from multi-family buildings of more than four units.
If the rules are put in place, banks would still be able to use insured deposits to make real estate loans.
In practice, the Bank of England ceased using special deposits after 1980.
The strategy also lacks reference to the possibility of using deposits in Africa and the Arctic.