WASHINGTON Two key House members have asked the General Accounting Office to examine whether enforcement of the federal anti-tying statute should be beefed up in light of recent press reports that NationsBank may have violated the measure.

As an alternative, Rep. John Dingell, D-Mich, and Rep. Edward Markey, DMass., asked if the GAO believes Congress should consider repealing the law, given changes in the "financial landscape" that have taken away some of the competitive edge that banks historically have had over securities firms.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.