PUBLIC LAW 106-102—NOV. 12, 1999 113 STAT. 1341 Subtitle B—Community Reinvestment Sec. 711. CRA sunshine requirements. Sec. 712. Small bank regulatory relief. Sec. 713. Federal Reserve Board study of CRA lending. Sec. 714. Preserving the Community Reinvestment Act of 1977. Sec. 715. Responsiveness to community needs for financial services. Subtitle C—Other Regulatory Improvements Sec. 721. Expanded small bank access to S corporation treatment. Sec. 722. "Plain language" requirement for Federal banking agency rules. Sec. 723. Retention of 'Tederal" in name of converted Federal savings association. Sec. 724. Control of bankers' banks. Sec. 725. Provision of technical assistance to microenterprises. Sec. 726. Federal Reserve audits. Sec. 727. Authorization to release reports. Sec. 728. General Accounting Office study of conflicts of interest. Sec. 729. Study and report on adapting existing legislative requirements to online banking and lending. Sec. 730. Clarification of source of strength doctrine. Sec. 731. Interest rates and other charges at interstate branches. Sec. 732. Interstate branches and agencies of foreign banks. Sec. 733. Fair treatment of women by financial advisers. Sec. 734. Membership of loan guarantee boards. Sec. 735. Repeal of stock loan limit in Federal Reserve Act. ,;:? Sec. 736. Elimination of SAIF and DIF special reserves. Sec. 737. Bank officers and directors as officers and directors of public utilities. Sec. 738. Approval for purchases of securities. Sec. 739. Optional conversion of Federal savings associations. Sec. 740. Grand jury proceedings. TITLE I—FACILITATING AFFILIATION AMONG BANKS, SECURITIES FIRMS, AND INSURANCE COMPANIES Subtitle A—Affiliations SEC. 101. GLASS-STEAGALL ACT REPEALS. (a) SECTION 20 REPEALED.—Section 20 of the Banking Act of 1933 (12 U.S.C. 377) (commonly referred to as the "Glass-Steagall Act") is repealed. (b) SECTION 32 REPEALED.—Section 32 of the Banking Act of 1933 (12 U.S.C. 78) is repealed. SEC. 102. ACTIVITY RESTRICTIONS APPLICABLE TO BANK HOLDING COMPANIES THAT ARE NOT FINANCIAL HOLDING COMPA- NIES. (a) IN GENERAL. —Section 4(c)(8) of the Bank Holding Company- Act of 1956 (12 U.S.C. 1843(c)(8)) is amended to read as follows: "(8) shares of any company the activities of which had been determined by the Board by regulation or order under this paragraph as of the day before the date of the enactment of the Gramm-Leach-Bliley Act, to be so closely related to banking as to be a proper incident thereto (subject to such • terms and conditions contained in such regulation or order, unless modified by the Board);". (B) CONFORMING CHANGES TO OTHER STATUTES.— (1) AMENDMENT TO THE BANK HOLDING COMPANY ACT AMENDMENTS OF 1970. —Section 105 of the Bank Holding Company Act Amendments of 1970 (12 U.S.C. 1850) is amended by striking ", to engage directly or indirectly in a nonbanking activity pursuant to section 4 of such Act,". 69-194 -01-11:QL3Part2
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