On Wednesday, January 10, 2001, at 10:15 a.m., a meeting of the Board of Governors of the Federal Reserve System was held under expedited procedures, as set forth in section 26lb.7 of the Board's Rules Regarding Public Observation of Meetings, at the Board's offices at 20th and C Streets, N.W., Washington, D.C., to consider the following matters of official Board business.
Meeting date: January 10, 2001
Matters Considered: |
Exemption(s) |
1. |
Consideration of a revised proposal governing the regulatory capital treatment of merchant banking investments by financial holding companies and similar investments by bank holding companies and state member banks. This proposal revises and replaces a proposal issued for comment last year under Regulation Y (Bank Holding Companies and Change in Bank Control; Docket No. R-1067).
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4,8 |
2. |
Enforcement matter.
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10 |
Effective January 10, 2001, the meeting was closed to public observation by Order of the Board of Governors1 because the matters fall under exemption(s) 4,8,10 of the Government in the Sunshine Act (5 U.S.C. Section 552b(c)), and it was determined that the public interest did not require opening the meeting.
Contact Person for More Information: Lynn S. Fox, Assistant to the Board;
202-452-3204.
Supplementary Information: This meeting notice, which is available in the Board's Freedom of Information and Public Affairs Offices, is also available electronically at http://www.federalreserve.gov on the Board's Web site. (The Web site also includes procedural and other information about the closed meeting.)
Dated: January 10, 2001
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