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Tuesday, January 14, 2014

ABA Supports Bill to Unify SEC Registration Thresholds

ABA wrote to House Members, urging them to support a bill (H.R. 801) that would correct an oversight in the JOBS Act by extending to savings and loan holding companies (SLHCs) the SEC shareholder registration and deregistration thresholds applied to bank holding companies (BHCs).

The bill is scheduled for House consideration today under suspension of the rules, an expedited procedure for non-controversial issues.

Read ABA’s letter.

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