By Jacob Lutz, Gregory Parisi, James Stevens, Seth Winter and Zayne Tweed ( May 9, 2019, 2:29 PM EDT) -- The board of governors of the Federal Reserve System recently issued a notice of proposed rulemaking to revise the board's rules for determining whether a company has control over another company for purposes of the Bank Holding Company Act and the Home Owners' Loan Act.[1] The proposal is intended to clarify and formalize the board's current control framework promulgated under Regulation Y and Regulation LL....
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