Sentences with phrase «taking by depository institutions»

The rule «has the important objective of limiting excessive risk - taking by depository institutions,» current Fed Chairman Ben Bernanke said in a statement.

Not exact matches

I then wrote back and explained that I had been taken in before and had lost some $ 2,000 in such a scheme and had thus adopted a policy whereby my firm holds all payments until final payment is issued to my bank by the depository bank on any settlement check (not just provisional payment because the check can still bounce until honored by the depositary institution).