27 Mar 2025
📊Federal Reserve Proposes Stock Redemption Information Collection
Proposed Agency Information Collection Activities; Comment Request
Summary
The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Notice of Proposed Stock Redemption (FR 4008; OMB No. 7100-0131).
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The text discusses a proposal from the Federal Reserve for information collection on stock redemption processes, impacting bank holding companies (BHCs). BHCs must comply with regulatory requirements, which entails workload and potential costs associated with reporting.