Bank deregistration jumps in 2012

On April 5, the JOBS Act increased the threshold under which a bank or thrift may terminate its securities registration from 300 shareholders of record to 1,200. After the passage of the act, 101 banks have filed to deregister, 18 of them in Virginia, five in West Virginia and four in Maryland. Read the article.

Bank deregistration jumps in 2012.
Source: SNL Financial. The Washington Post. Published on January 30, 2013, 9:28 p.m.
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