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Federal R eserve Bank OF DALLAS W IL L IA M H . W ALLACE DALLAS, TEXAS 75222 FIRST V IC E P R ES ID EN T AND C H IE F O PER A TIN G O FFIC E R December 22, 1988 Circular 88-91 TO: The Chief Executive Officer of all member banks and others concerned in the Eleventh Federal Reserve District SUBJECT Notice of hearing regarding Regulation Y - Bank Holding Companies DETAILS The Federal Reserve Board has scheduled an informal hearing for February 3, 1989, on a recent proposal to rescind the Board's current rule that permits state banks in a holding company to acquire all of the shares of a company engaged in nonbanking activities that the state bank is permitted to conduct directly. The hearing will begin at 10 a.m., in Dining Room E, fifth floor of the Board's Martin Building, 20th and C Streets, N.W., Washington, D.C. Any person desiring to make a presentation at the hearing is requested to notify Scott Alvarez, Senior Counsel, Legal Division, (202) 452-3583, no later than January 30, 1989. Requests should include specific names of persons desiring to present information, the general nature of the matters that will be presented, and the amount of time desired for the oral presentation. MORE INFORMATION For further information, please contact Dean A. Pankonien at (214) 651-6228. Sincerely yours, For additional copies of any circular please contact the Public Affairs Department at (214) 651-6289. Banks and others are encouraged to use the following incoming WATS numbers in contacting this Bank (800) 442-7140 (intrastate) and (800) 527-9200 (interstate). This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
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