GAO urges curbs on 'tying'



The General Accounting Office has recommended that bank regulators take additional measures to adequately enforce laws against the tying of commercial credit to more lucrative investment banking business, despite a lack of hard evidence to support accusations that the practice may be widespread.

In a report commissioned by Congressman John Dingell, who has repeatedly called for regulators to clamp down on banks that infringe anti-tying laws, the GAO says that it was unable to find documentary

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