🏦Federal Reserve Notice on Bank Holding Companies' Mergers and Acquisitions
The Federal Reserve System notice discusses applications for bank holding companies to form, acquire, or merge. It highlights the legal framework under the Bank Holding Company Act and invites public comments on these applications, ensuring transparency and compliance in the banking sector.
Learn More🏦Federal Reserve Notices on Bank Holding Companies Mergers and Acquisitions
The Federal Reserve System has issued a notice regarding the approval process for the formation, acquisition, and merger of bank holding companies. The notice includes applications from various companies seeking to become bank holding companies, highlighting regulatory requirements and public comment procedures applicable to interested parties.
Learn More🏦Federal Reserve Notice on Bank Holding Company Mergers & Acquisitions
The notice outlines applications for bank holding companies, including acquisitions and mergers, submitted to the Federal Reserve Board under the Bank Holding Company Act. Public comment is invited, and submissions must adhere to specific regulations and deadlines. The information is available for public inspection, indicating transparency in financial governance.
Learn More⚡Comment Request on FERC Information Collection Activities
In compliance with the requirements of the Paperwork Reduction Act of 1995, the Federal Energy Regulatory Commission (Commission or FERC) is soliciting public comment on the currently approved information collection, FERC-519, (Application under Federal Power Act Section 203); FERC-520, (Application for Authority to Hold interlocking Directorate positions; FERC-546, (Certification of Qualifying Facility (QF) Status for a Small Power Production or Cogeneration Facility); FERC-580, (Interrogatory on Fuel and Energy Purchase Practices). The above four collections are a part of a combined notice only and are not being combined into one OMB Collection number. There were no comments received on the 60-day notice that was published December 3, 2024 in the Federal Register.
Learn More🏦Federal Reserve Notice
The Federal Reserve publishes a notice regarding applications for the formation and acquisition of bank holding companies under the Bank Holding Company Act. The applications invite public comment and outline the process for approval, highlighting the regulation surrounding banking mergers and acquisitions. Interested parties can access public filings at specific Federal Reserve locations.
Learn More📄Regulatory Update
The SEC has submitted a request for extension on Rule 17a-8, which regulates mergers of affiliated investment companies. The rule provides exemptions for certain transactions while imposing requirements for asset valuation and shareholder approvals, emphasizing governance and compliance responsibilities for funds engaging in mergers.
Learn More🏦Regulatory Approval for Bank Holding Company Mergers and Acquisitions
This notice outlines the Federal Reserve's approval process for formations, acquisitions, and mergers of bank holding companies under the Bank Holding Company Act. It provides details on public comment opportunities and regulatory compliance requirements, emphasizing the essential nature of these processes for interested parties in the banking sector.
Learn More⚖️FTC's Proposed Consent Order on Welsh Carson
The consent agreement in this matter settles alleged violations of Federal law prohibiting unfair methods of competition. The attached Analysis of Proposed Consent Order to Aid Public Comment describes both the allegations in the complaint and the terms of the consent order--embodied in the consent agreement--that would settle these allegations.
Learn More