The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
7/26/24, 4:37 PM FRB: Press Release--Final rule on Regulation Y (Bank Holding Companies and Change in Bank Control) to allow certain bank holdi… Release Date: June 30, 2003 For immediate release The Federal Reserve Board on Monday announced its approval of a final rule that modifies Regulation Y to allow bank holding companies engaged in permissible derivatives activities to transfer title to commodities underlying derivative contracts on an instantaneous, passthrough basis. The Board will publish its final rule in the Federal Register shortly, and the rule will become effective August 4, 2003. The Board’s notice is attached. Attachment (63 KB PDF) 2003 Banking and consumer regulatory policy Home | News and events Accessibility Last update: June 30, 2003 https://www.federalreserve.gov/boarddocs/press/bcreg/2003/20030630/default.htm 1/1