United states in the united states a bank holding company as provided by the bank holding company act of 1956 12 usc 1841a2a et seq is broadly defined as any company that has control over a bank. The bank holding company act of 1956 12 usc 1841 et seq is a united states act of congress that regulates the actions of bank holding companies the original law subsequently amended specified that the federal reserve board of governors must approve the establishment of a bank holding company and that bank holding companies . Bank holding company act of 1956 may 9 1956 with this legislation congress gave the federal reserve much more oversight of the banking industry. Table of contents previous page 6000 bank holding company act 225142 statement of policy concerning bank holding companies engaging in futures forward and options contracts on us government and agency securities and money market instruments. No bank and no company owning or controlling voting shares of a bank is a bank holding company by virtue of its ownership or control of shares in a fiduciary capacity except as provided in paragraphs 2 and 3 of subsection g of this section
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