🏦Regulatory Update
The Federal Reserve announces changes regarding the acquisition of shares in savings and loan holding companies under the Change in Bank Control Act. Interested parties can express their views on applications, which are subject to public disclosure, reflecting the regulatory landscape influencing financial ownership and control within the banking sector.
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The Federal Reserve Board has issued a notice concerning applications for the formation, acquisition, and merger of savings and loan holding companies. The public is invited to review applications and submit comments on their compliance with regulatory standards as outlined in the Home Owners' Loan Act. This notice details ongoing regulatory processes regarding specific financial institutions.
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