Limited Partnership Rollup Reform Act Of 1993 S 424

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ISBN 13 : 9781332335961
Total Pages : 122 pages
Book Rating : 4.3/5 (359 download)

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Download or read book Limited Partnership Rollup Reform Act of 1993 S, 424 written by and published by . This book was released on 2015-08-06 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Limited Partnership Rollup Reform Act of 1993 S, 424: Hearing Before the Subcommittee on Banking, Housing, and Urban Affairs United States Senate One Hundred Third Congress First Session on S. 424 U.S. Senate, Committee on Banking, Housing, and Urban Affairs, Subcommittee on Securities, Washington, DC. The subcommittee met at 2:34 p.m., in room SD-538 of the Dirksen Senate Office Building, Senator Christopher J. Dodd (chairman of the subcommittee) presiding. Opening Statement Of Senator Christopher J.Dodd Senator Dodd. The hearing will come to order. Any more room at that table? [Laughter.] Senator Gramm. Bring in the additional witnesses. [Laughter.] Senator Dodd. First of all, thank you all for coming here today. I apologize for the crowded circumstances here. But before I get into the substance of my opening remarks, I would like to lay out a couple of ground rules. There are a lot of witnesses. It's important to try to get some interchange here. So we're going to move down the table and I'll ask all of you to keep your opening remarks very brief. Well take all of your full statements and your supporting documentation and include those in the record. But if you'd get right to the heart of the arguments as quickly as possible, then we'll be able to engage in a discussion here of the merits and demerits of the proposals. Now, having said that, I don't know if there's a meter around here, or a clock - I don't like these clocks and meters, but I know of no other way to do it. And so, if we apply the same standard to everybody, then no ones disadvantaged by it. So why don't you see if you can get one of those clocks and we'll run off the clock, if that's all right with you, I say to my colleague from Texas. Let me again welcome all of you here today to consider S. 424, the Limited Partnership Rollup Reform Act of 1993. This legislation is identical to the legislation that passed the Senate last year with the support of 87 Senators. It now has some 38 cosponsors, including a majority of this committee, and the list is growing. Legislation on this subject passed the House of Representatives last month by a vote of 408 to 6. There is a reason, I believe, why so many members of Congress support the legislation. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.