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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

What happened

The Federal Reserve Board on Friday requested comment on a proposal to modernize its rule governing the extension of credit to bank "insiders"—bank execu

Summary assembled by rule from the sources below

Why it's spreading

  • ConfirmedFederal Reserve Press published a first-party announcement

Timeline

  1. First appeared on Federal Reserve PressFederal Reserve Press

Sources