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Finance & markets · 06/11/1996

SEC Rescinds Regulation R and Amends Glass-Steagall Act Interpretation

The Securities and Exchange Commission (SEC) is rescinding Regulation R and amending its regulations to remove an outdated interpretation of the Glass-Steagall Act, which prohibits bank holding companies from engaging in certain securities activities.

Original source language: Federal Register — Federal ReserveOpen original release →

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