WASHINGTON - Bankers will get a clearer picture of how and when they must disclose information about uninsured investment products, thanks to a clarification released by the four bank and thrift agencies on Wednesday.

The agencies issued the explanation in response to an Oct. 17, 1994, letter from the American Bankers Association. The ABA requested that regulators clear up a number of ambiguities in mutual fund disclosure guidelines that regulators issued in early 1994.

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.