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Relations With Dealers in Securities Under Section 32, Banking Act of 1933; Miscellaneous Interpretations

Fed · final-rule · Published 1996-11-06 · Effective 1996-12-06 · 61 FR 57287

Document

Document number: 96-28359
Federal Register citation: 61 FR 57287
CFR reference: 12 CFR 218
Type: Rule
Action: Final rule.
Category: final-rule
Agency: US Federal Reserve System
Publication date: 1996-11-06
Effective date: 1996-12-06
Docket: Regulation R

Abstract

The Board is rescinding Regulation R, which the Board believes is no longer necessary. The Board also is amending its regulations to remove an interpretation of section 32 of the Glass-Steagall Act, which the Board believes is no longer necessary. This interpretation explains the position of the Board regarding the application of the prohibitions of section 32 to bank holding companies.

Source

Authoritative: Federal Register document
Machine: JSON-LD · Markdown