How to request the Board to determine that an activity is financial in nature or incidental to a financial activity?

CFR · 2024-01-01 · US · Title 12

(a) (b) (1) Identify and define the activity for which the determination is sought, specifically describing what the activity would involve and how the activity would be conducted; (2) Explain in detail why the activity should be considered financial in nature or incidental to a financial activity; and (3) Provide information supporting the requested determination and any other information required by the Board concerning the proposed activity. (c) (2) (d) (e) (i) A detailed description of the particular activity in which the company proposes to engage or the product or service the company proposes to provide; (ii) An explanation supporting an interpretation regarding the scope of the permissible financial activity; and (iii) Any additional information requested by the Board regarding the activity. (2)

official document · source cfr-2024 · id 12:§ 225.88