Full text of Federal Reserve Bank of New York Circulars : Holding Company Affiliates - Voting Permits

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F E D E R A L R E S E R V E BA N K
O F N EW YO R K

J u ly 19, 1966

HOLDING COM PANY AFFILIATES — VOTING PERMITS
Termination of Regulation P, Effective July 1, 1966

To A ll M em ber Banks in the Second
Federal Reserve District :

The Board o f Governors o f the Federal Reserve System has termin­
ated its Regulation P (12 C F R 216), “ H olding Company Affiliates —
V oting Perm its,” effective J u ly 1, 1966. This action has been taken
as a consequence o f the enactment on J u ly 1 o f Public Law 89-485,
which, in addition to effecting its m ajor purpose o f amending the Bank
H olding Company A ct o f 1956, amended statutes on which Regulation
P was based so as to eliminate therefrom provisions on holding com­
pany affiliates and voting permits.
This notice may be inserted in place o f Regulation P by those who
maintain sets o f Regulations o f the Board o f Governors.




A

lfred

H

ayes,

President.