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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.

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

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