Finance & markets · 05/04/2013
US Regulators Define 'Predominantly Engaged in Financial Activities' and 'Significant' Nonbank Financial Company and Bank Holding Company
The US Federal Reserve Board is adopting a final rule to establish requirements for determining if a company is 'predominantly engaged in financial activities' and to define 'significant nonbank financial company' and 'significant bank holding company' under the Dodd-Frank Act, relevant to financial stability oversight and supervision.
Original source language: Federal Register — Federal ReserveOpen original release →