[Federal Register Volume 85, Number 63 (Wednesday, April 1, 2020)]
[Notices]
[Page 18240]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-06814]
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FEDERAL RESERVE SYSTEM
Notice of Proposals To Engage in or To Acquire Companies Engaged
in Permissible Nonbanking Activities
The companies listed in this notice have given notice under section
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and
Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or
control voting securities or assets of a company, including the
companies listed below, that engages either directly or through a
subsidiary or other company, in a nonbanking activity that is listed in
Sec. 225.28 of Regulation Y (12 CFR 225.28) or that the Board has
determined by Order to be closely related to banking and permissible
for bank holding companies. Unless otherwise noted, these activities
will be conducted throughout the United States.
Each application is available for inspection at the Federal Reserve
Bank indicated. The application also will be available for inspection
at the offices of the Board of Governors. Interested persons may
express their views in writing on the question whether the proposal
complies with the standards of section 4 of the BHC Act.
Unless otherwise noted, comments regarding the applications must be
received at the Reserve Bank indicated or the offices of the Board of
Governors, Ann E. Misback, Secretary of the Board, 20th Street and
Constitution Avenue, NW, Washington, DC 20551-0001, not later than May
1, 2020.
A. Federal Reserve Bank of New York (Ivan Hurwitz, Senior Vice
President) 33 Liberty Street, New York, New York 10045-0001. Comments
can also be sent electronically to [email protected]:
1. Morgan Stanley, New York, New York; to acquire E*TRADE Financial
Corporation, and thereby indirectly acquire E*TRADE Bank and E*TRADE
Savings Bank, all of Arlington, Virginia, and thereby operate savings
associations, pursuant to Section 4(c)(8) of the BHC Act.
Board of Governors of the Federal Reserve System, March 27,
2020.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2020-06814 Filed 3-31-20; 8:45 am]
BILLING CODE P