Richard Y. Roberts, a member of the Securities and Exchange Commission, angered bankers last week with a speech to the Financial Markets Association titled "Tie Me Up, Tie Me Down, Tie Me Not. "

The subject was "tying" - the idea that some banks are forcing loan customers to buy other products, as contended by some Wall Street firms competing with banks for municipal bond underwritings. Bankers claim the securities people are exaggerating because they fear bank competition.

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