Lender Oversight and Credit Risk Management Program; Public Comment Meetings, 15468-15469 [E8-5856]
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15468
Federal Register / Vol. 73, No. 57 / Monday, March 24, 2008 / Proposed Rules
Division of Finance and shall provide
documentation sufficient to support the
change sought by the institution. If an
institution does not submit a timely
request for review, that institution may
not subsequently request review of its
dividend amount, subject to paragraph
(d) of this section. At the time of filing
with the FDIC, the requesting institution
shall notify, to the extent practicable,
any other insured depository institution
that would be directly and materially
affected by granting the request for
review and provide such institution
with copies of the request for review,
the supporting documentation, and the
FDIC’s procedures for requests under
this subpart. The FDIC shall make
reasonable efforts, based on its official
systems of records, to determine that
such institutions have been identified
and notified.
(d) During the FDIC’s consideration of
a request for review, the amount of
dividend in dispute will not be
available for use by any institution.
(e) Within 30 days of receiving notice
of the request for review under
paragraph (b) of this section, those
institutions identified as potentially
affected by the request for review may
submit a response to such request, along
with any supporting documentation, to
the Division of Finance, and shall
provide copies to the requesting
institution. If an institution that was
notified under paragraph (c) of this
section does not submit a response to
the request for review, that institution
may not subsequently:
(1) Dispute the information submitted
by any other institution on the
transaction(s) at issue in that review
process; or
(2) Appeal the decision by the
Director of the Division of Finance.
(f) If additional information is
requested of the requesting or affected
institutions by the FDIC, such
information shall be provided by the
institution within 21 days of the date of
the FDIC’s request for additional
information.
(g) Any institution submitting a
timely request for review under
paragraph (b) of this section will receive
a written response from the FDIC’s
Director of the Division of Finance
(‘‘Director’’), or his or her designee,
notifying the affected institutions of the
determination of the Director as to
whether the requested change is
warranted, whenever feasible:
(1) Within 60 days of receipt by the
FDIC of the request for revision;
(2) If additional institutions have been
notified by the requesting institution or
the FDIC, within 60 days of the date of
the last response to the notification; or
VerDate Aug<31>2005
16:41 Mar 21, 2008
Jkt 214001
(3) If additional information has been
requested by the FDIC, within 60 days
of receipt of the additional information,
whichever is later. Notice of the
procedures applicable to appeals under
paragraph (g) of this section will be
included with the Director’s written
determination.
(h) An insured depository institution
may appeal the determination of the
Director to the FDIC’s Assessment
Appeals Committee on the same
grounds as set forth under paragraph (b)
of this section. Any such appeal must be
submitted within 30 calendar days from
the date of the Director’s written
determination. The decision of the
Assessment Appeals Committee shall be
the final determination of the FDIC.
Dated at Washington, DC, this 14th day of
March, 2008.
By order of the Board of Directors.
Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. E8–5670 Filed 3–21–08; 8:45 am]
BILLING CODE 6714–01–P
SMALL BUSINESS ADMINISTRATION
13 CFR Part 120
Lender Oversight and Credit Risk
Management Program; Public
Comment Meetings
U.S. Small Business
Administration.
ACTION: Notice of Public Comment
Meetings.
AGENCY:
SUMMARY: The U.S. Small Business
Administration (SBA) announces that it
will be holding a series of public
comment meetings on SBA’s proposed
lender oversight/credit risk management
rule. These public comment meetings
will be held in selected cities across the
country. The purpose of the meetings is
to broaden the opportunity for public
participation in the rulemaking.
Comments presented at these public
comment meetings will become part of
the administrative record for SBA’s
consideration in promulgating SBA’s
lender oversight/credit risk management
regulations.
DATES: The public comment meetings
will be held on the dates, times and at
the locations specified in the Meetings
Schedule section below. All attendees
should register at least one week prior
to the scheduled meeting date.
ADDRESSES: Parties interested in
commenting at or attending a public
comment meeting must register by
providing a request to Keri Pessagno,
SBA Office of Credit Risk Management,
PO 00000
Frm 00010
Fmt 4702
Sfmt 4702
at keri.pessagno@SBA.gov, or (202) 205–
6496, or by facsimile to (202) 481–0744.
FOR FURTHER INFORMATION CONTACT:
Bryan Hooper, Director, SBA Office of
Credit Risk Management, at
bryan.hooper@SBA.gov, or (202) 205–
3049, or by facsimile (202) 205–6891.
SUPPLEMENTARY INFORMATION:
I. Background
On October 31, 2007, SBA published
a proposed rule to incorporate SBA’s
risk based lender oversight program into
SBA regulations (72 FR 61752) and, on
December 20, 2007, extended the
comment period on the proposed rule to
February 29, 2008. (72 FR 72264). SBA
included in the proposed rule a
proposed regulatory framework for
SBA’s oversight of participants in the
7(a), 504 and Microloan lending
programs. This regulatory framework
would enhance SBA’s Office of Credit
Risk Management’s (OCRM) ability to
maximize the efficiency of SBA’s
lending programs by effectively
managing program credit risk,
monitoring lender performance, and
enforcing lending program
requirements. It is SBA’s intent that the
proposed framework would also
incorporate the mission of SBA to assist
small business access to credit. While
the comments received on the proposed
rule are greatly assisting SBA with its
deliberations, SBA would like to
broaden public participation by offering
the public an opportunity to meet with
SBA in person and communicate their
comments. This Notice provides
information on the purpose, format,
scheduling, and registration for the
public comment meetings.
II. Public Comment Meetings
The purpose of these public comment
meetings is to broaden the opportunity
for public participation in the
rulemaking by providing a mechanism
beyond the single written round of
notice and comment and enable SBA to
more fully comprehend the views of the
public. SBA considers public comment
meetings a valuable component of its
deliberations and believes that these
comment meetings will allow for
constructive input by the lending
community, their appointed
representatives, and other members of
the public. The comments conveyed
would assist SBA in assessing and
refining SBA’s proposed rule.
The format will consist of a panel of
SBA representatives who will represent
the Agency and moderate the oral
comments. The panel will listen to the
views of the oral commenters on the
proposed regulations. SBA respectfully
E:\FR\FM\24MRP1.SGM
24MRP1
Federal Register / Vol. 73, No. 57 / Monday, March 24, 2008 / Proposed Rules
requests that the comments focus on the
regulations as discussed in the proposal,
SBA’s incorporation of the Agency
mission into the proposed rule, or on
any unique concerns of the lending
communities and other stakeholders
potentially affected by this rule. SBA
requests that commenters do not raise
issues pertaining to other SBA small
business programs or issues outside the
scope of the proposed rule. Issues not
raised in the proposed rule are more
properly suited to a different forum than
these meetings.
Individuals orally commenting before
SBA will be limited to a 5 minute oral
comment. SBA officials may ask
questions of a commenter to clarify or
further explore the oral comments.
Since the purpose of the meeting is to
assist SBA with gathering comments for
the proposed rule, SBA will not respond
as to whether it agrees with the view or
position of the commenter.
Commenters may provide a written
copy of their comments. SBA will
accept written material that the
commenter wishes to provide that
Location
Address
San Francisco, CA .............
Boston, MA ........................
Philadelphia, PA ................
Atlanta, GA ........................
Dallas, TX ..........................
Kansas City, MO ................
Chicago, IL .........................
III. Meeting Schedule
IV. Registration
SBA respectfully requests that any
elected or appointed representative of
any lender or other stakeholder
communities that is interested in
attending please register in advance and
indicate whether you would like to
orally comment at the meeting.
Registration requests should be received
by SBA at least one week prior to the
respective public comment meeting
date. Please contact Keri Pessagno of
SBA’s Office of Credit Risk Management
at keri.pessagno@sba.gov, or (202) 205–
6496, or by facsimile to (202) 481–0744.
If you are interested in orally
VerDate Aug<31>2005
Meeting date
Tuesday, April 1, 2008.
Begins 9:30 a.m., Ends
12:30 p.m.
SBA District Office, 330 N. Brand Blvd., Suite 1200, Thursday, April 3, 2008.
Glendale, CA 91203.
Begins 9:30 a.m., Ends
12:30 p.m.
O’Neil Federal Office Building, 10 Causeway Street, Tuesday, April 8, 2008.
Auditorium, Boston, MA 02222.
Begins 9:30 a.m., Ends
12:30 p.m.
Robert N.C. Nix Building, 900 Market Street, 2nd Wednesday, April 9, 2008.
Floor, Courtroom Number 7, Philadelphia, PA 19107.
Begins 9:30 a.m., Ends
12:30 p.m.
Kennesaw State University, Continuing Education Tuesday, April 15, 2008.
Center, 3333 Busbee Drive, Room 400, Kennesaw,
Begins 10 a.m., Ends 1
GA 30144–3089.
p.m.
SBA Disaster Office, 14925 Kingsport Road, Ft. Wednesday, April 16,
Worth, TX 76155.
2008. Begins 9:30 a.m.,
Ends 12:30 p.m.
SBA District Office, 1000 Walnut Street, Suite 500, Thursday, April 17, 2008.
Kansas City, MO 64106.
Begins 8 a.m., Ends 11
a.m.
Citicorp Center, 500 West Madison Street, 3rd Floor Friday, April 18, 2008. BeConference Center, Chicago, IL 60661.
gins 9:30 a.m., Ends
12:30 p.m.
Each public comment meeting will
begin 9:30 a.m. and end at 12:30 p.m.
(local time) for San Francisco, CA, Los
Angeles, CA, Boston, MA, Philadelphia,
PA, Dallas, TX and Chicago, IL. For
Atlanta, GA, the meeting will begin at
10 a.m. and end at 1 p.m. For Kansas
City, MO the meeting will begin at 8
a.m. and end at 11 a.m. SBA will
adjourn early if all those scheduled have
delivered their testimony.
pwalker on PROD1PC71 with PROPOSALS
further supplements his or her oral
comments, at or before the meeting.
Written comments may be submitted in
lieu of oral comments. Electronic or
digitized copies are encouraged. SBA
will consider the comments, both oral
and written, along with any written
comments received. Oral and written
comments will become part of the
rulemaking record for SBA’s
consideration.
SBA District Office, 455 Market Street, 6th Floor, San
Francisco, CA 94105.
Los Angeles, CA ................
16:41 Mar 21, 2008
Jkt 214001
commenting please include the
following information relating to the
person orally commenting and the
location they will be attending: Name,
Title, Organization affiliation, Address,
Telephone number, E-mail address and
Fax number.
SBA will attempt to accommodate all
interested parties that wish to orally
comment. However, time considerations
limit the total number of oral
commenters at each meeting. If the
number of individuals seeking to orally
comment at a specific meeting exceeds
the number permitted due to time
limitations, SBA will ask if any
interested parties are able to attend a
different meeting, and if that is not
possible, will ask those requesting to
orally comment last in time to submit
their comments in writing. To afford all
interested parties an opportunity to
orally comment at the meetings, an
individual can register for only one
meeting location.
Parties that plan to attend the meeting
but not orally comment must also preregister. For those parties, please
PO 00000
Frm 00011
Fmt 4702
Sfmt 4702
15469
Registration closing date
Tuesday, March 25, 2008.
Thursday, March 27, 2008.
Tuesday, April 1, 2008.
Wednesday, April 2, 2008.
Tuesday, April 8, 2008.
Wednesday, April 9, 2008.
Thursday, April 10, 2008.
Friday, April 11, 2008.
indicate in your registration that you
will be attending the meeting but not
making an oral comment.
SBA will confirm in writing the
registration of commenters and
attendees for the meetings.
Eric Zarnikow,
Associate Administrator, Office of Capital
Access.
[FR Doc. E8–5856 Filed 3–21–08; 8:45 am]
BILLING CODE 8025–01–P
E:\FR\FM\24MRP1.SGM
24MRP1
]]>Agencies
[Federal Register Volume 73, Number 57 (Monday, March 24, 2008)]
[Proposed Rules]
[Pages 15468-15469]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-5856]
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
13 CFR Part 120
Lender Oversight and Credit Risk Management Program; Public
Comment Meetings
AGENCY: U.S. Small Business Administration.
ACTION: Notice of Public Comment Meetings.
-----------------------------------------------------------------------
SUMMARY: The U.S. Small Business Administration (SBA) announces that it
will be holding a series of public comment meetings on SBA's proposed
lender oversight/credit risk management rule. These public comment
meetings will be held in selected cities across the country. The
purpose of the meetings is to broaden the opportunity for public
participation in the rulemaking. Comments presented at these public
comment meetings will become part of the administrative record for
SBA's consideration in promulgating SBA's lender oversight/credit risk
management regulations.
DATES: The public comment meetings will be held on the dates, times and
at the locations specified in the Meetings Schedule section below. All
attendees should register at least one week prior to the scheduled
meeting date.
ADDRESSES: Parties interested in commenting at or attending a public
comment meeting must register by providing a request to Keri Pessagno,
SBA Office of Credit Risk Management, at keri.pessagno@SBA.gov, or
(202) 205-6496, or by facsimile to (202) 481-0744.
FOR FURTHER INFORMATION CONTACT: Bryan Hooper, Director, SBA Office of
Credit Risk Management, at bryan.hooper@SBA.gov, or (202) 205-3049, or
by facsimile (202) 205-6891.
SUPPLEMENTARY INFORMATION:
I. Background
On October 31, 2007, SBA published a proposed rule to incorporate
SBA's risk based lender oversight program into SBA regulations (72 FR
61752) and, on December 20, 2007, extended the comment period on the
proposed rule to February 29, 2008. (72 FR 72264). SBA included in the
proposed rule a proposed regulatory framework for SBA's oversight of
participants in the 7(a), 504 and Microloan lending programs. This
regulatory framework would enhance SBA's Office of Credit Risk
Management's (OCRM) ability to maximize the efficiency of SBA's lending
programs by effectively managing program credit risk, monitoring lender
performance, and enforcing lending program requirements. It is SBA's
intent that the proposed framework would also incorporate the mission
of SBA to assist small business access to credit. While the comments
received on the proposed rule are greatly assisting SBA with its
deliberations, SBA would like to broaden public participation by
offering the public an opportunity to meet with SBA in person and
communicate their comments. This Notice provides information on the
purpose, format, scheduling, and registration for the public comment
meetings.
II. Public Comment Meetings
The purpose of these public comment meetings is to broaden the
opportunity for public participation in the rulemaking by providing a
mechanism beyond the single written round of notice and comment and
enable SBA to more fully comprehend the views of the public. SBA
considers public comment meetings a valuable component of its
deliberations and believes that these comment meetings will allow for
constructive input by the lending community, their appointed
representatives, and other members of the public. The comments conveyed
would assist SBA in assessing and refining SBA's proposed rule.
The format will consist of a panel of SBA representatives who will
represent the Agency and moderate the oral comments. The panel will
listen to the views of the oral commenters on the proposed regulations.
SBA respectfully
[[Page 15469]]
requests that the comments focus on the regulations as discussed in the
proposal, SBA's incorporation of the Agency mission into the proposed
rule, or on any unique concerns of the lending communities and other
stakeholders potentially affected by this rule. SBA requests that
commenters do not raise issues pertaining to other SBA small business
programs or issues outside the scope of the proposed rule. Issues not
raised in the proposed rule are more properly suited to a different
forum than these meetings.
Individuals orally commenting before SBA will be limited to a 5
minute oral comment. SBA officials may ask questions of a commenter to
clarify or further explore the oral comments. Since the purpose of the
meeting is to assist SBA with gathering comments for the proposed rule,
SBA will not respond as to whether it agrees with the view or position
of the commenter.
Commenters may provide a written copy of their comments. SBA will
accept written material that the commenter wishes to provide that
further supplements his or her oral comments, at or before the meeting.
Written comments may be submitted in lieu of oral comments. Electronic
or digitized copies are encouraged. SBA will consider the comments,
both oral and written, along with any written comments received. Oral
and written comments will become part of the rulemaking record for
SBA's consideration.
III. Meeting Schedule
----------------------------------------------------------------------------------------------------------------
Location Address Meeting date Registration closing date
----------------------------------------------------------------------------------------------------------------
San Francisco, CA.............. SBA District Office, Tuesday, April 1, Tuesday, March 25, 2008.
455 Market Street, 2008. Begins
6th Floor, San 9:30 a.m., Ends
Francisco, CA 94105. 12:30 p.m.
Los Angeles, CA................ SBA District Office, Thursday, April Thursday, March 27, 2008.
330 N. Brand Blvd., 3, 2008. Begins
Suite 1200, Glendale, 9:30 a.m., Ends
CA 91203. 12:30 p.m.
Boston, MA..................... O'Neil Federal Office Tuesday, April 8, Tuesday, April 1, 2008.
Building, 10 Causeway 2008. Begins
Street, Auditorium, 9:30 a.m., Ends
Boston, MA 02222. 12:30 p.m.
Philadelphia, PA............... Robert N.C. Nix Wednesday, April Wednesday, April 2, 2008.
Building, 900 Market 9, 2008. Begins
Street, 2nd Floor, 9:30 a.m., Ends
Courtroom Number 7, 12:30 p.m.
Philadelphia, PA
19107.
Atlanta, GA.................... Kennesaw State Tuesday, April Tuesday, April 8, 2008.
University, 15, 2008. Begins
Continuing Education 10 a.m., Ends 1
Center, 3333 Busbee p.m.
Drive, Room 400,
Kennesaw, GA 30144-
3089.
Dallas, TX..................... SBA Disaster Office, Wednesday, April Wednesday, April 9, 2008.
14925 Kingsport Road, 16, 2008. Begins
Ft. Worth, TX 76155. 9:30 a.m., Ends
12:30 p.m.
Kansas City, MO................ SBA District Office, Thursday, April Thursday, April 10, 2008.
1000 Walnut Street, 17, 2008. Begins
Suite 500, Kansas 8 a.m., Ends 11
City, MO 64106. a.m.
Chicago, IL.................... Citicorp Center, 500 Friday, April 18, Friday, April 11, 2008.
West Madison Street, 2008. Begins
3rd Floor Conference 9:30 a.m., Ends
Center, Chicago, IL 12:30 p.m.
60661.
----------------------------------------------------------------------------------------------------------------
Each public comment meeting will begin 9:30 a.m. and end at 12:30
p.m. (local time) for San Francisco, CA, Los Angeles, CA, Boston, MA,
Philadelphia, PA, Dallas, TX and Chicago, IL. For Atlanta, GA, the
meeting will begin at 10 a.m. and end at 1 p.m. For Kansas City, MO the
meeting will begin at 8 a.m. and end at 11 a.m. SBA will adjourn early
if all those scheduled have delivered their testimony.
IV. Registration
SBA respectfully requests that any elected or appointed
representative of any lender or other stakeholder communities that is
interested in attending please register in advance and indicate whether
you would like to orally comment at the meeting. Registration requests
should be received by SBA at least one week prior to the respective
public comment meeting date. Please contact Keri Pessagno of SBA's
Office of Credit Risk Management at keri.pessagno@sba.gov, or (202)
205-6496, or by facsimile to (202) 481-0744. If you are interested in
orally commenting please include the following information relating to
the person orally commenting and the location they will be attending:
Name, Title, Organization affiliation, Address, Telephone number, E-
mail address and Fax number.
SBA will attempt to accommodate all interested parties that wish to
orally comment. However, time considerations limit the total number of
oral commenters at each meeting. If the number of individuals seeking
to orally comment at a specific meeting exceeds the number permitted
due to time limitations, SBA will ask if any interested parties are
able to attend a different meeting, and if that is not possible, will
ask those requesting to orally comment last in time to submit their
comments in writing. To afford all interested parties an opportunity to
orally comment at the meetings, an individual can register for only one
meeting location.
Parties that plan to attend the meeting but not orally comment must
also pre-register. For those parties, please indicate in your
registration that you will be attending the meeting but not making an
oral comment.
SBA will confirm in writing the registration of commenters and
attendees for the meetings.
Eric Zarnikow,
Associate Administrator, Office of Capital Access.
[FR Doc. E8-5856 Filed 3-21-08; 8:45 am]
BILLING CODE 8025-01-P
