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Federal Advisory Council (FAC) |
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Federal Advisory Council (FAC)Advisory group made up of one representative (in most cases a banker) from each of the 12 Federal Reserve districts. Established by the Federal REserve Act, the council meets periodically with the Board of Governors to discuss business and financial conditions and make recommendations.Federal Advisory Council (FAC) Similar MatchesAsia Pacific Advisory CommitteeAsia Pacific Advisory CommitteeAdvises on matters involving international capital markets and the views and concerns of the business and financial communities of the countries represented. Thrift Institution Advisory Council (TIAC)Thrift Institution Advisory Council (TIAC)A council, established following the passage of the Monetary Control Act of 1980, whose purpose is to provide information and views on the special needs and problems of thrifts. The group is comprised of representatives of savings banks, savings and loan associations, and credit unions. Consumer Advisory Council (CAC)Consumer Advisory Council (CAC)A statutory body established by Congress in 1976. The Council, with 30 members who represent a broad range of consumer and creditor interests, advises the Federal Reserve Board on the exercise of its responsibilities under the Consumer Credit Protection Act and on other matters on which the Board seeks its advice. Investment advisory serviceInvestment advisory serviceA business that specializes in providing investment advice for a fee. All advisers of an advisory service must be registered with the Securities and Exchange Commission. Advisory letterAdvisory letterA newsletter offering financial advice to its readers. Further SuggestionsNational Market Advisory Boardadvisory broker |
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