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To: Jurgis Bekepuris who wrote (44544)9/24/2011 1:42:31 PM
From: Difco  Read Replies (1) | Respond to of 78748
 
Jurgis,

The rule is that if you own 10% of a publicly traded bank you must register with the Federal Reserve as a bank holding company. In the case of private banks, the threshold is 20%.

Difco