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Author:Hwang, Byoung Hwa 

Discussion Paper
Lessons from the History of the U.S. Regulatory Perimeter
Vardoulakis, Alexandros; Kudiya, Asad; Hwang, Byoung Hwa; Demartini, Courtney; McGonegle, Dan; Smith, Gavin; Cheng, Jess; Di Lucido, Katherine; Wilson, Kathy; Zhang, Jeffery Y.; Cox, Joseph; Watkins, Mary L.; Donovan, Meg; Tabor, Nicholas K.; Ehlert, Nick; Schreft, Stacey L. (2021-10-15)
Banking organizations in the United States have long been subject to two broad categories of regulatory standards. The first is permissive: a "positive" grant of rights and privileges, typically via a charter for a corporate entity, to engage in the business of banking.
FEDS Notes , Paper 2021-10-15-1

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