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7/25/24, 10:16 AM FRB: Press Release -- Comment period on real estate proposal for financial holding companies -- February 21, 2001 Board of Governors of the Federal Reserve System Department of the Treasury FOR IMMEDIATE RELEASE February 21, 2001 FEDERAL RESERVE AND TREASURY EXTEND COMMENT PERIOD ON REAL ESTATE ACTIVITIES PROPOSAL The Federal Reserve Board and the Department of the Treasury today announced an extension of the deadline, through May 1, 2001, on their request for comment on whether real estate brokerage and real estate management are activities that are financial in nature or incidental to a financial activity and therefore permissible for financial holding companies and financial subsidiaries of national banks. A notice of the extension will be published in the Federal Register. Attachment (44 KB PDF) Media Contacts: Federal Reserve: Dave Skidmore (202) 452-2955 Treasury: Tara Bradshaw (202) 622-2960 2001 Banking and consumer regulatory policy Home | News and events Accessibility Last update: February 21, 2001 https://www.federalreserve.gov/boarddocs/press/boardacts/2001/20010221/default.htm 1/1