Circular
Board Announces Approval of a Policy Statement on Equity Investments
September 23, 2008
Circular No. 11992

The Federal Reserve Board has announced the approval of a policy statement on equity investments in banks and bank holding companies. The policy statement provides additional guidance on the Board's position on minority equity investments in banks and bank holding companies that generally do not constitute "control" for purposes of the Bank Holding Company Act.

See the press release for full details.

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