Which of the Following Is NOT a Corporate Practice Required

Which of the following is NOT a corporate practice required of bank holding companies?

A) Each bank subsidiary must file a notice with the Federal Reserve before offering a new product.
B) Each bank subsidiary must conduct its operations in a safe and sound manner.
C) Each bank subsidiary must be insured by the FDIC.
D) Each bank subsidiary must file a notice with the Federal Reserve before purchasing any of its own securities.