Finance & markets · 08/03/1996Updated: 10/18/2026 · 1 min read
Federal Reserve Proposes to Engage in Permissible Nonbanking Activities or Acquire Companies that are Engaged in Permissible Nonbanking Activities
Summary
The Federal Reserve has announced a proposal to engage in permissible nonbanking activities or acquire companies that are engaged in such activities, as outlined in the Federal Reserve Act.