Capital Markets Commission and Moratorium Act

[AI summary unavailable — showing source text] Title I: Short Title: Findings and Policy - Capital Markets Commission and Moratorium Act - Sets forth the findings and policies of this Act. Title II: Imposition of Moratorium - Makes it unlawful (except to a certain extent for on-going operations or if ownership, control, or affiliation is explicitly authorized by Federal or State law on January 1, 1983) for: (1) any securities firm to own or control, to be owned by, or to be affiliated with any insurance company or depository institution; (2) any insurance company to own or control, to be owned or controlled by, or to be affiliated with any securities firm or depository institution; (3) for any depository institution to own or control, to be owned or controlled by, or to be affiliated with any securities firm or insurance company; and (4) any securities firm, insurance company, or depository institution to own or control, or to be owned or controlled by, or to be affiliated with any business organization which is primarily engaged in nonfinancial activities. Makes it unlawful, except for on-going or explicitly authorized activities, for any securities firm, insurance company, or depository institution, or business organization p…