Federal Reserve Board Approves Final 'Predominately Engaged in Financial Activities' Rule

The Board of Governors of the Federal Reserve System has approved a final rule setting forth requirements for determining when a company is "predominately engaged in financial activities." Although the rule addresses the meaning of that phrase only in the context of Title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act, it also ... (more)

http://www.jdsupra.com/legalnews/federal-reserve-board-approves-final-pr-11177/