On July 19, the Office of the Comptroller of the Currency issued its much-anticipated guidelines for national banks offering mutual funds, annuities, and other nondeposit investment products to retail customers.

These guidelines, set forth in OCC Banking Circular No. 274, were reprinted in substantial part in the July 28 issue of American Banker.

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.