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
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
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
Why it matters
The decision may change compliance obligations, market access or operating costs for Federal Reserve.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
Claims
- 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 Reported
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
- Primary source · 46/56%
Market move following event
Market reaction is not yet available for this asset and time window.