A bill to provide for intermarket coordination.
Intermarket Coordination Act of 1988 - Establishes the Intermarket Coordination Committee in the interest of creating a more carefully coordinated regulatory system with regard to equity securities, stock index futures, and stock index options. Directs the Committee to establish coordination mechanisms in connection with specific intermarket activities, including planning, information systems, circuit breaker mechanisms, and margin requirements, and to initiate discussions at the international level regarding information exchanges and regulatory coordination.
Directs the Committee to report its progress quarterly to the Congress. Requires annual reporting on both domestic and international intermarket coordination once the Committee has reported substantial completion of its duties.
Introduced in Senate
Read twice and referred to the Committee on Banking.
Committee on Banking. Hearings held.
Committee on Banking. Hearings concluded. Hearings printed: S.Hrg. 100-688.
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