View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

7/25/24, 11:16 AM

FRB: Press Release--Written agreement with Bank of America--February 9, 2005

Release Date: February 9, 2005

For immediate release
The Federal Reserve Board on Wednesday announced the execution of a Written Agreement
by and between Bank of America Corporation, Charlotte, N.C., a bank holding company,
and the Federal Reserve Bank of Richmond.
In separate, coordinated actions, the Office of the Comptroller of the Currency announced
the execution of a formal agreement with Bank of America, N.A., Charlotte, N.C., a wholly
owned subsidiary of Bank of America Corporation, and the U.S. Securities and Exchange
Commission announced the execution of an administrative cease-and-desist order against
Banc of America Capital Management LLC, a registered investment adviser, BACAP
Distributors, LLC, a registered investment adviser, and Banc of America Securities, LLC, a
registered investment adviser and broker dealer.
A copy of the Written Agreement is attached.
Attachment (124 KB PDF)
2005 Enforcement actions
Home | News and events
Accessibility
Last update: February 9, 2005

https://www.federalreserve.gov/boarddocs/press/enforcement/2005/20050209/default.htm

1/1