Finance & markets · 05/08/1996Updated: 10/18/2026 · 1 min read
Federal Reserve Proposes Relaxation of Restrictions on Bank Subsidiaries' Activities
Summary
The Federal Reserve is seeking public comment on proposed changes to rules governing the activities of nonbank subsidiaries of bank holding companies, including easing restrictions on director and employee interlocks, cross-marketing, and the purchase and sale of financial assets.