H.R. 108 Summary

• Requests that the United States Congress reinstate regulations separating commercial and investment banking functions similar to the Glass-Steagall Act of 1933.

• Calls for prohibitions preventing commercial banks and bank holding companies from investing in stocks, underwriting securities, or engaging in derivative transactions.

• References Congresswoman Marcy Kaptur's H.R. 129 (Return to Prudent Banking Act of 2013) as model legislation addressing these banking separations.

• Attributes the 1999 repeal of Glass-Steagall provisions to partially contributing to the speculative financial bubble and recent worldwide recession that caused foreclosures and job losses.

• Directs transmission of certified copies to the Speaker of the House, Senate Majority Leader, and Hawaii's congressional delegation.