Finance & markets · 30/12/1994Updated: 10/18/2026 · 1 min read
SEC Seeks Public Comment on Revised Rule for Bank Holding Companies' Investment Adviser Activities
Summary
The Securities and Exchange Commission (SEC) is seeking public comment on a proposed rule change that would allow bank holding companies to purchase securities of investment companies they advise in a fiduciary capacity, subject to specific conditions and authorizations.
Original source language: Federal Register — Federal ReserveOpen original release →