Base
Proposed RuleSignificant2011-144442011-06-10

Credit Risk Retention

Treasury Department, Comptroller of the Currency, Federal Reserve System, Federal Deposit Insurance Corporation, Securities and Exchange Commission, Federal Housing Finance Agency, Housing and Urban Development Department

Abstract

On April 29, 2011, the OCC, Board, FDIC, Commission, FHFA and HUD (collectively, the "Agencies") published in the Federal Register a joint notice of proposed rulemaking for public comment to implement the credit risk retention requirements of section 15G of the Securities Exchange Act of 1934, as added by the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Credit Risk NPR" or "proposed rule"). Due to the complexity of the rulemaking and to allow parties more time to consider the impact of the Credit Risk NPR on affected markets, the Agencies have determined that an extension of the comment period until August 1, 2011, is appropriate. This action will allow interested persons additional time to analyze the proposed rules and prepare their comments.

Action & Dates

Action
Proposed rule; extension of comment period.
Dates
The comment period for the proposed rule published April 29, 2011, at 76 FR 24090, is extended. Comments on the Credit Risk NPR must be received on or before August 1, 2011.
Effective Date
2011-04-29

CFR References

Public Comment

Comments Close
2011-08-01

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of the Treasury Office of the Comptroller of the Currency 12 CFR Part 43 [Docket No. OCC-2011-0002] RIN 1557-AD40 Federal Reserve System 12 CFR Part 244 [Docket No. 2011-1411] RIN 7100-AD 70 Federal Deposit Insurance Corporation 12 CFR Part 373 RIN 3064-AD74 Securities and Exchange Commission 17 CFR Part 246 [Release No. 34-64603; File No. S7-14-11] RIN 3235-AK96 Federal Housing Finance Agency 12 CFR Part 1234 RIN 2590-AA43 Department of Housing and Urban Development 24 CFR Part 267 RIN 2501-AD53 AGENCIES: Office of the Comptroller of the Currency, Treasury (OCC); Board of Governors of the Federal Reserve System (Board); Federal Deposit Insurance Corporation (FDIC); U.S. Securities and Exchange Commission (Commission); Federal Housing Finance Agency (FHFA); and Department of Housing and Urban Development (HUD). ACTION: Proposed rule; extension of comment period. SUMMARY: On April 29, 2011, the OCC, Board, FDIC, Commission, FHFA and HUD (collectively, the “Agencies”) published in the Federal Register a joint notice of proposed rulemaking for public comment to implement the credit risk retention requirements of section 15G of the Securities Exchange Act of 1934, as added by the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Credit Risk NPR” or “proposed rule”). Due to the complexity of the rulemaking and to allow parties more time to consider the impact of the Credit Risk NPR on affected markets, the Agencies have dete

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Related Documents

Other Federal Register documents from the same docket.

Full Document

Citation: 76 FR 34010