On notification by the Board that this condition has been satisfied, Company may commence the proposed underwriting and dealing activities in equity securities, subject to the other conditions discussed in this order and the Section 20 Orders. The Board's decision is specifically conditioned on compliance with all the commitments made in connection with this notice, including the commitments discussed in this order and the conditions set forth in the Board regulations and orders noted above. The commitments and conditions shall be deemed to be conditions imposed in writing by the Board in connection with its findings and decision, and, as such, may be enforced in proceedings under applicable law. This proposal shall not be consummated later than three months after the effective date of this order, unless such period is extended for good cause by the Board or the Reserve Bank, acting pursuant to delegated authority. Jennifer J. Johnson Jennifer J. Johnson Deputy Secretary of the Board Return to top Footnotes 1 Asset and ranking data are as of September 30, 1996.
Company also is authorized to engage in a variety of other nonbanking activities.
Return to top 5 See Section 20 Orders. 6 Company also may engage in activities that are necessary incidents to the proposed underwriting and dealing activities.