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Stock Redemptions |
A BHC seeking to make stock redemptions which, when aggregated
over a 12-month period, exceed 10% of the BHC’s consolidated net
worth.
Section 225.4(b) of Regulation Y |
None required |
A letter that includes the information requested in
Section 225.4(b)(2) of Regulation Y. |
Reserve Bank processed filings – 15 calendar days after receipt
Board processed filings – 30 calendar days after receipt
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