Federal Reserve Board requests comment on a proposal to modernize its rule governing the extension of credit to bank "insiders"—bank executives, board members and major shareholders who could potentially influence a bank's lending decisions
The Federal Reserve Board has requested public comment on a proposal to modernize its rule governing the extension of credit to bank 'insiders.' The rule applies to bank executives, board members, and major shareholders who could potentially influence a bank's lending decisions. The announcement was published on the official website of the Board of Governors of the Federal Reserve System.
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