Notice published on April 24 by Federal Reserve System

Notice published on April 24 by Federal Reserve System

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The US Federal Reserve System published a one page notice on April 24, according to the U.S. Government Publishing Office.

The notice is focused on Henderson Bancshares, Inc.; Formation of, Acquisition by, or Merger of Bank Holding Companies.

The Federal Reserve is the US's central bank, expanding many times during great financial uncertainty and panic. It has faced numerous criticisms since its creation in 1913, such as making the Great Depression worse and for lacking transparency and audits.

Notices are required documents detailing rules and regulations being proposed by each federal department. This allows the public to see what issues legislators and federal departments are focusing on.

Any person or organization can comment on the proposed rules. Departments and agencies must then address “significant issues raised in comments and discuss any changes made,” the Federal Register says.

Notices published by the Federal Reserve System on April 24

Title
Regulations G, T, U and X; Securities Credit Transactions; List of Marginable OTC Stocks; List of Foreign Margin Stocks
Acquisition of Shares of Banks or Bank Holding Companies
WSB Bancorp; Formation of, Acquisition by, or Merger of Bank Holding Companies
First Union Corporation; Acquisition of Company Engaged in Permissible Nonbanking Activities
Henderson Bancshares, Inc.; Formation of, Acquisition by, or Merger of Bank Holding Companies

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