I'm not in finance, but I think the 'deregulation' in question is actually this law: https://en.wikipedia.org/wiki/Depository_Institutions_Deregulation_and_Mone

I'm not in finance, but I think the 'deregulation' in question is actually this law: https://en.wikipedia.org/wiki/Depository_Institutions_Deregulation_and_Monetary_Control_Act https://en.wikipedia.org/wiki/Depository_Institutions_Deregu... . It 'deregulates' in the sense of making some mergers easier from a regulatory point of view, especially across state lines.