RegAlertConsultation · OFR · 4 Dec 2025
Notice of Proposed Rule: Chapter 107 Repeal of Regulation 07 on Activities Permissible for Financial Institution Holding Companies
The Maine Superintendent of Financial Institutions proposes repealing Regulation #07 under Chapter 107 to redefine permissible activities for financial institution holding companies. This rulemaking action aims to modernize state oversight by removing outdated operational restrictions and aligning holding company practices with current financial standards. Interested parties must consult the official agency website to access the complete regulatory text and participate in the public comment process.
Please find a link below to the Superintendent’s notice of current agency rulemaking proposals. https://www.maine.gov/pfr/financialinstitutions/laws-rules/proposed-rules /s/ Lloyd P. LaFountain, III Superintendent Gardiner, Maine November 19, 2025
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Source: Maine Office of Financial Regulation — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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