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Finance & markets · 06/07/1995

Federal Reserve to Simplify Bank Divestiture Rules

The Federal Reserve is proposing to amend its Regulation Y to reduce regulatory burden on bank holding companies by eliminating the need for a determination of control for certain divestitures, aiming to streamline the process without compromising the Bank Holding Company Act's purposes.

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

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