Letter to Regulators: Letter to Federal Reserve on Bank Ownership and Control

AFR wrote a letter to the Federal Reserve Board on a proposal that would liberalize the criteria the Board uses to determine control of a bank. The definition of “control” is critical as it determines whether entities with ownership and influence over banks will be designated as bank holding companies and subject to the appropriate regulation. You can find a link to the pdf of the letter here: AFR Education Fund Comment on Control proposal