Federal Reserve supervision of commodities activities The prudential supervision of the largest, most complex banking companies is a cooperative effort in which the Federal Reserve acts as the prudential regulator and supervisor of the consolidated holding companies, with some of the principal business activities of such companies supervised by other functional regulators.
With this well-intentioned advice I would like to express my appreciation to the Danish Bankers Association and its members for our cooperation over the past year. Thank you for your attention. BIS Review 166/2010  3