Purchase or sale of investment securities—For customer or institution accounts allowable.
Subject to the Federal Reserve Board's Regulation R, 12 C.F.R. Part 218, a bank may purchase and sell investment securities upon the order and for the account of its customers and may deal in the underwriting and purchasing of investment securities for the bank's investment account subject to WAC
208-512-110 through
208-512-117, inclusive.
[Statutory Authority: RCW
43.320.040,
43.320.050,
30A.04.030,
30A.12.060,
30A.04.140,
30A.04.210,
30A.04.212,
30A.60.010 – [30A.60.]901,
30A.08.140,
30A.08.150,
30A.04.125 and section 939A of the Dodd-Frank Act. WSR 17-24-053, § 208-512-090, filed 12/1/17, effective 1/1/18. Statutory Authority: RCW
30.04.030 and
43.320.040. WSR 00-17-141, recodified as § 208-512-090, filed 8/22/00, effective 9/22/00. Statutory Authority: RCW
30.04.030. WSR 83-01-082 (Order 49), § 50-12-090, filed 12/17/82.]