Membership of State Banking Institutions in the Federal Reserve System (Regulation H) Subpart C

Subpart C of Regulation H applies to member banks who act "as transfer agents, registered clearing agencies, or sellers of securities under the Securities Exchange Act of 1934." Section 208.34 of this Regulation outlines the recordkeeping requirements for certain securities transactions effected by State member banks.

Link to the regulation: https://www.ecfr.gov/cgi-bin/text-idx?SID=2240159c84d2d3b48422a5185ff69dea&mc=true&node=pt12.2.208&rgn=div5#se12.2.208_134

Smarsh, Inc. assumes no liability for the accuracy or completeness of this information. Please consult with an attorney for specific information on specific rules and regulations and how they apply to your business.

  • Back to Regulations & Laws

Contact Us

Tell us about yourself, and we’ll be in touch right away.