Federal Reserve ends enforcement action against three California firms
The Federal Reserve Board reports that the enforcement action terminated on 21 Oct 2026. The termination was announced on 5 Nov 2026, affecting Allegiant United Holdings, Nano Financial Holdings and Nano Banc, all headquartered in Irvine, California. The related written agreement dates back to 24 Feb 2021, and the announcement was scheduled for 11:00 a.m. EST.
Key facts
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Why it matters
The closure lifts regulatory constraints on the firms and reflects the board's enforcement priorities.
What changed
First published from Federal Reserve