A broker-dealer authorized to engage in securities underwriting, dealing, or market-making may, under certain circumstances, be acquired by a bank holding company, by a foreign bank subject to the Bank Holding 彩神网app Act, or by a state member bank. The resulting subsidiaries and the institutions owning them are listed here under the following categories:

Section 20 Subsidiaries

As of March 31, 2011

Section 20 subsidiary Parent organization FR District Date of
initial approval
BBVA Securities, Inc. Banco Bilbao Vizcaya Argentaria, S.A. Atlanta 3/1998
Section 4(k)(4)(E) Securities Subsidiaries

As Of December 19, 2013

Financial Subsidiaries (Securities) of State Member Banks

As of March 31, 2011

Financial Subsidiaries of State Member Banks Parent Bank FR District
Comerica Securities, Inc. Comerica Bank Dallas
Fifth Third Securities, Inc. Fifth Third Bank Cleveland
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Last Update: December 19, 2013