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Old Wed Nov 29, 2017, 09:51am
Robert Goodman Robert Goodman is offline
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Join Date: Feb 2007
Posts: 2,875
Quote:
Originally Posted by HLin NC View Post
Because as we all learned in Business Law, there's a big difference between "may" and "shall".

In this instance, the Fed is handing off responsibility off to individual states to interpret how they wish.
But wouldn't that be accomplished just as well by Fed's not making any mention of such announcements?