Federal Register #2026-13691

Federal Reserve Notice on Proposals for Permissible Nonbanking Activities

This notice from the Federal Reserve System concerns proposals to engage in or acquire companies involved in permissible nonbanking activities under section 4 of the Bank Holding Company Act and Regulation Y. - Government Buyer: - Federal Reserve System (Board of Governors and Federal Reserve Banks) - Scope: - Proposals to engage in or acquire companies conducting permissible nonbanking activities - Activities may be conducted nationwide - No OEMs, vendors, products, or services are specified - No procurement, product, or service requirements are included - Public comments are invited regarding compliance with the Act - Public portions of applications and filings are available for inspection - No unique or notable procurement requirements are present

Description

This notice announces proposals for the Federal Reserve System to engage in or acquire companies involved in permissible nonbanking activities. The activities are conducted throughout the United States and are pursuant to section 4 of the Bank Holding Company Act and Regulation Y. The notice invites public comments on whether the proposals comply with the standards of the Act. The public portions of the applications and related filings are available for inspection at Federal Reserve Banks and the Board of Governors.

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