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Comments due: Federal Reserve (proposed rule; control and divestiture proceedings)
July 15, 2019
The Federal Reserve Board is inviting public comment on a proposal that would revise the Board’s regulations related to determinations of whether a company has the ability to exercise a controlling influence over another company for purposes of the Bank Holding Company Act or the Home Owners’ Loan Act. The proposal would significantly expand the number of presumptions for use in such determinations.