Semiannual Regulatory Flexibility Agenda, 8072-8076 [2012-1667]

Download as PDF 8072 Federal Register / Vol. 77, No. 29 / Monday, February 13, 2012 / Unified Agenda Comments should be addressed to Jennifer J. Johnson, Secretary of the Board, Board of Governors of the Federal Reserve System, Washington, DC 20551. ADDRESSES: FEDERAL RESERVE SYSTEM 12 CFR Ch. II Semiannual Regulatory Flexibility Agenda Board of Governors of the Federal Reserve System. ACTION: Semiannual regulatory agenda. AGENCY: The Board is issuing this agenda under the Regulatory Flexibility Act and the Board’s Statement of Policy Regarding Expanded Rulemaking Procedures. The Board anticipates having under consideration regulatory matters as indicated below during the period November 1, 2011 through April 30, 2012. The next agenda will be published in spring 2012. DATES: Comments about the form or content of the agenda may be submitted any time during the next six months. SUMMARY: A staff contact for each item is indicated with the regulatory description below. FOR FURTHER INFORMATION CONTACT: The Board is publishing its fall 2011 agenda as part of the Fall 2011 Unified Agenda of Federal Regulatory and Deregulatory Actions, which is coordinated by the Office of Management and Budget under Executive Order 12866. The agenda also identifies rules the Board has selected for review under section 610(c) of the Regulatory Flexibility Act, and public comment is invited on those entries. The complete Unified Agenda will be available to the public at the following Web site: www.reginfo.gov. Participation SUPPLEMENTARY INFORMATION: by the Board in the Unified Agenda is on a voluntary basis. The Board’s agenda is divided into four sections. The first, Proposed Rule Stage, reports on matters the Board may consider for public comment during the next six months. The second section, Final Rule Stage, reports on matters that have been proposed and are under Board consideration. A third section, Long-Term Actions, reports on matters that have been proposed and under Board consideration, but a completion date has not been determined. And a fourth section, Completed Actions, reports on regulatory matters the Board has completed or is not expected to consider further. A dot (•) preceding an entry indicates a new matter that was not a part of the Board’s previous agenda. Margaret McCloskey Shanks, Associate Secretary of the Board. FEDERAL RESERVE SYSTEM—PROPOSED RULE STAGE Sequence No. 574 575 576 577 578 .................... .................... .................... .................... .................... Regulation Identifier No. Title Regulation Y—Resolution Plans and Credit Exposure Reports Require (Docket No. R–1414) .................... Regulation CC—Availability of Funds and Collection of Checks (Docket No. R–1408) ................................. Regulation NN—Retail Foreign Exchange Transactions (Docket No. R–1428) ............................................. Regulation OO—Securities Holding Companies (Docket No. R–1430) .......................................................... Regulation LL—Savings and Loan Holding Companies and Regulation MM—Mutual Holding Companies (Docket No. R–1429). 7100–AD73 7100–AD68 7100–AD79 7100–AD81 7100–AD80 FEDERAL RESERVE SYSTEM—LONG-TERM ACTIONS Regulation Identifier No. Sequence No. Title 579 .................... Regulation KK—Margin and Capital Requirements for Covered Swap Entities (Docket No. R–1415) .......... 7100–AD74 FEDERAL RESERVE SYSTEM—COMPLETED ACTIONS Sequence No. 580 .................... 581 582 583 584 585 .................... .................... .................... .................... .................... Regulation 1413). Regulation Regulation Regulation Regulation Regulation D, Q, and DD—Prohibition Against Payment of Interest on Demand Deposits (Docket No. R– 7100–AD72 II—Debit Card Interchange Fees and Routing (Docket No. R–1404) .......................................... Z—Truth in Lending (Docket No. R–1393) ................................................................................... Z—Truth in Lending (Docket No. R–1394) ................................................................................... Z—Escrow Requirements (Docket No. R–1406) .......................................................................... Z—Truth in Lending (Docket No. R–1417) ................................................................................... 7100–AD63 7100–AD55 7100–AD56 7100–AD65 7100–AD75 FEDERAL RESERVE SYSTEM (FRS) rmajette on DSK2TPTVN1PROD with PROPOSALS Proposed Rule Stage 574. • Regulation Y—Resolution Plans and Credit Exposure Reports Require (Docket No. R–1414) Legal Authority: 12 U.S.C. 1817(j)(13); 12 U.S.C. 1818; 12 U.S.C. 1828(o); 12 U.S.C. 1851; * * * Abstract: The Dodd-Frank Act requires certain financial institutions to report to the Federal Reserve Board and VerDate Mar<15>2010 Regulation Identifier No. Title 15:24 Feb 10, 2012 Jkt 226001 the Federal Deposit Insurance Corporation their plans for rapid and orderly resolution under the U.S. Bankruptcy Code. The proposed rule would establish requirements for the submission and content of a resolution plan and credit exposure report. The resolution plan must include information related to the organizational structure of the company, the manner and extent to which any insured depository institution affiliated with the PO 00000 Frm 00002 Fmt 4701 Sfmt 4702 company is protected from risks presented by non-bank subsidiaries; identification of cross-guarantees, major counter parties, and the parties to whom collateral is pledged; and certain other elements including a strategic analysis of the company’s plans for maintaining core business lines and critical operations. Credit Exposure Reports must include information related to the aggregate credit exposure associated E:\FR\FM\13FEP24.SGM 13FEP24 Federal Register / Vol. 77, No. 29 / Monday, February 13, 2012 / Unified Agenda with a range of transactions with every large financial firm. Timetable: Action Date FR Cite Board Requested Comment. Board Expects Further Action. 04/22/11 76 FR 22648 01/00/12 Regulatory Flexibility Analysis Required: Yes. Agency Contact: Barbara Bouchard, Senior Associate Director, Federal Reserve System, Division of Banking Supervision and Regulation, Phone: 202 452–3072. RIN: 7100–AD73 575. • Regulation CC—Availability of Funds and Collection of Checks (Docket No. R–1408) rmajette on DSK2TPTVN1PROD with PROPOSALS Legal Authority: 12 U.S.C. 4001 to 4010; 12 U.S.C. 5001 to 5018 Abstract: The Federal Reserve Board (the Board) proposed amendments to Regulation CC to facilitate the banking industry’s ongoing transition to fullyelectronic interbank check collection and return, including proposed amendments to condition a depositary bank’s right of expeditious return on the depositary bank agreeing to accept returned checks electronically either directly or indirectly from the paying bank. The Board also proposed amendments to the funds availability schedule provisions to reflect the fact that there are no longer any non local checks. The Board proposed to revise the model forms in appendix C that banks may use in disclosing their fundsavailability policies to their customers and to update the preemption determinations in appendix F. Finally, the Board requested comment on whether it should consider future changes to the regulation to improve the check collection system, such as decreasing the time afforded to a paying bank to decide whether to pay a check in order to reduce the risk to a depositary bank of having to make funds available for withdrawal before learning whether a deposited check has been returned unpaid. Timetable: Action Date FR Cite Board Requested Comment. Board Expects Further Action. 03/25/11 76 FR 16862 12/00/11 Regulatory Flexibility Analysis Required: Yes. VerDate Mar<15>2010 15:24 Feb 10, 2012 Jkt 226001 Agency Contact: Dena Milligan, Attorney, Federal Reserve System, Legal Division, Phone: 202 452–3900. RIN: 7100–AD68 576. • Regulation NN—Retail Foreign Exchange Transactions (Docket No. R–1428) Legal Authority: 7 U.S.C. 2(i)(2)(E); 12 U.S.C. 248; 12 U.S.C. 321 to 338; 12 U.S.C. 1818; 12 U.S.C. 3108; * * * Abstract: The Federal Reserve Board is publishing for comment a regulation to permit banking organizations under its supervision to engage in off-exchange transactions in foreign currency with retail customers. Section 2(c)(Z)(E) of the Commodity Exchange Act, as amended by the Dodd-Frank Act, requires U.S. financial institutions to effect these transactions only pursuant to rules adopted by their federal regulatory authority. Timetable: Action Date FR Cite Board Requested Comment. Board Expects Further Action. 08/03/11 76 FR 46652 12/00/11 Regulatory Flexibility Analysis Required: Yes. Agency Contact: Scott J. Holz, Senior Counsel, Federal Reserve System, Legal Division, Phone: 202 452–2966. RIN: 7100–AD79 577. • Regulation OO—Securities Holding Companies (Docket No. R–1430) Legal Authority: 12 U.S.C. 1850a Abstract: The Federal Reserve Board (the Board) is issuing a proposed rule to implement section 618 of the DoddFrank Wall Street Reform and Consumer Protection Act which permits nonbank companies that own at least one registered securities broker or dealer, and that are required by a foreign regulator or provision of foreign law to be subject to comprehensive consolidated supervision, to register with the Board and subject themselves to supervision by the Board. The proposed rule outlines the requirements that a securities holding company must satisfy to make an effective election, including filing the appropriate form with the responsible Reserve Bank, providing all additional required information, and satisfying the statutory waiting period of 45 days or such shorter period as the Board determines appropriate. Timetable: PO 00000 Frm 00003 Fmt 4701 Sfmt 4702 8073 Action Date FR Cite Board Requested Comment. Board Expects Further Action. 08/31/11 76 FR 54717 12/00/11 Regulatory Flexibility Analysis Required: Yes. Agency Contact: Amanda K. Allexon, Senior Counsel, Federal Reserve System, Legal Division, Phone: 202 452– 3818. RIN: 7100–AD81 578. • Regulation LL—Savings and Loan Holding Companies and Regulation MM—Mutual Holding Companies (Docket No. R–1429) Legal Authority: 5 U.S.C. 552; 5 U.S.C. 559; 5 U.S.C. 1813; 5 U.S.C. 1817; 5 U.S.C. 1828; * * * Abstract: Dodd-Frank Wall Street Reform and Consumer Protection Act. The interim final rules provide for the corresponding transfer from the Office of Thrift Supervision (OTS) to the Federal Reserve Board (the Board) of the regulations necessary for the Board to administer the statutes governing the Savings and Loan Holding Companies (SLHCs). The Dodd-Frank Act transferred from OTS to the Board responsibility for supervision of SLHCs and their nondepository subsidiaries. The DoddFrank Act also transferred supervisory functions related to Federal savings associations and state savings associations to the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC), respectively. The Board of Governors of the Federal Reserve System is publishing an interim final rule with a request for public comment that sets forth regulations for savings and loan holding companies (SLHCs). On July 21, 2011, the responsibility for supervision and regulation of SLHCs transferred from the Office of Thrift Supervision (OTS) to the Board pursuant to section 312 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). This interim final rule provides for the corresponding transfer from the OTS to the Board of the regulations necessary for the Board to administer the statutes governing SLHCs. Technical changes to other regulations have also been made to account for the transfer of authority over SLHCs to the Board. The interim final rule has three components: (1) New Regulation LL (Part 238), which sets forth regulations generally governing SLHCs; (2) new Regulation MM (Part 239), which sets forth regulations governing SLHCs in E:\FR\FM\13FEP24.SGM 13FEP24 rmajette on DSK2TPTVN1PROD with PROPOSALS 8074 Federal Register / Vol. 77, No. 29 / Monday, February 13, 2012 / Unified Agenda mutual form; and (3) technical amendments to current Board regulations necessary to accommodate the transfer of supervisory authority for SLHCs from the OTS to the Board. The structure of the new Regulation LL closely follows that of the Board’s Regulation Y, which houses regulations directly related to bank holding companies (BHCs), in order to provide an overall structure to rules that were previously found in disparate locations. In many instances, Regulation LL incorporates current OTS regulations, with only technical modifications to account for the shift in supervisory responsibility from the OTS to the Board. Additionally, the Board added or modified regulations to reflect substantive changes introduced by the Dodd-Frank Act. Those include revisions to applications processing procedures, control determinations, requirements to engage in nonbanking activities, and notice procedures for receipt of dividends by subsidiary savings associations. Regulation MM organizes the current OTS regulations specific to SLHCs in mutual form (MHCs) and their subsidiary holding companies into a single part of the Board’s regulations. In many cases, Regulation MM mirrors the current OTS rules with only technical modifications to account for the shift in supervisory responsibility from the OTS to the Board. Additionally, the Board added or modified regulations to reflect substantive changes introduced by the Dodd-Frank Act. Those include revisions to applications processing procedures, dividend waiver procedures, review of offering circulars, forms of proxy, and proxy statements, and stock repurchases. The Board has made technical amendments to Board rules to facilitate supervision of SLHCs. These amendments include revisions to the interagency rules implementing requirements relating to the Community Reinvestment Act, as well as the procedural and administrative rules of the Board including those relating to the Freedom of Information Act. In addition, the Board made technical amendments to implement section 312(b)(2)(A) of the Dodd Frank Act, which transfers to the Board all rulemaking authority under section 11 of HOLA relating to transactions with affiliates and extensions of credit to executive officers, directors, and principal shareholders. These amendments include revisions to parts 215 (Insider Transactions) and part 223 (Transactions with Affiliates) of Board regulations. Timetable: VerDate Mar<15>2010 15:24 Feb 10, 2012 Jkt 226001 Action Date FR Cite Board Requested Comment. Board Expect Further Action. 09/13/11 RIN: 7100–AD74 76 FR 56508 FEDERAL RESERVE SYSTEM (FRS) 12/00/11 Completed Actions Regulatory Flexibility Analysis Required: Yes. Agency Contact: Amanda K. Allexon, Senior Counsel, Federal Reserve System, Legal Division, Phone: 202 452– 3818. RIN: 7100–AD80 FEDERAL RESERVE SYSTEM (FRS) Long-Term Actions 579. • Regulation KK—Margin and Capital Requirements for Covered Swap Entities (Docket No. R–1415) Legal Authority: 7 U.S.C. 6s; 15 U.S.C. 78o–10 Abstract: The Office of the Comptroller of the Currency, Federal Reserve Board, Federal Deposit Insurance Corporation, Farm Credit Administration, and Federal Housing Finance Agency (the Agencies) are requesting comment on a proposal to establish minimum margin and capital requirements for registered swap dealers, major swap participants, security-based swap dealers, and major security-based swap participants for which one of the Agencies is the prudential regulator. This proposed rule implements sections 731 and 764 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which require the Agencies to adopt rules jointly to establish capital requirements and initial and variation margin requirements for such entities on all non-cleared swaps and non-cleared security-based swaps in order to offset the greater risk to such entities and the financial system arising from the use of swaps and security-based swaps that are not cleared. Timetable: Action Date FR Cite Board Requested Comment. Comment Period End. Next Action Undetermined. 04/12/11 76 FR 27564 07/11/11 76 FR 37029 Regulatory Flexibility Analysis Required: Yes. Agency Contact: Michael Gibson, Senior Associate Director, Federal Reserve System, Division of Banking Supervision and Regulation, Phone: 202 452–2495. PO 00000 Frm 00004 Fmt 4701 Sfmt 4702 580. • Regulation D, Q, and DD— Prohibition Against Payment of Interest on Demand Deposits (Docket No. R–1413) Legal Authority: 12 U.S.C. 371a Abstract: Section 627 of the DoddFrank Act repeals section 19(i) of the Federal Reserve Act in its entirety, effective July 21, 2011. The Federal Reserve Board’s Regulation Q (Prohibitions Against Payment of Interest on Demand Deposits) implemented section 19(i) of the Federal Reserve Act. Accordingly, the Federal Reserve Board has repealed Regulation Q in its entirety effective July 21, 2011. Timetable: Action Board Adopted Final Rule. Date FR Cite 07/18/11 76 FR 42015 Regulatory Flexibility Analysis Required: Yes. Agency Contact: Sophia Allison, Senior Counsel, Federal Reserve System, Legal Division, Phone: 202 452– 3565. RIN: 7100–AD72 581. Regulation II—Debit Card Interchange Fees and Routing (Docket No. R–1404) Legal Authority: 15 U.S.C. 1693O Abstract: The Federal Reserve Board (the Board) published the final rule for new Regulation II, Debit Card Interchange Fees and Routing. The rule implements the provisions of section 920 of the Electronic Fund Transfer Act, including standards for reasonable and proportional interchange transaction fees for electronic debit transactions, exemptions from the interchange transaction fee limitations, prohibitions on evasion and circumvention, prohibitions on payment card network exclusivity arrangements and routing restrictions for debit card transactions, and reporting requirements for debit card issuers and payment card networks. The Board also adopted an interim final rule and requested comment on provisions in Regulation II that govern adjustments to debit interchange transaction fees for fraud-prevention costs. The provisions allow an issuer to receive and adjustment of 1 cent to its interchange transaction fee if the issuer develops, implements, and updates E:\FR\FM\13FEP24.SGM 13FEP24 Federal Register / Vol. 77, No. 29 / Monday, February 13, 2012 / Unified Agenda policies and procedures that are reasonably designed to identify and prevent fraudulent electronic debit transactions, and secure debit card and cardholder data. Comments on the interim final rule must be submitted by September 30, 2011. Timetable: Action Date FR Cite Board Requested Comment. Board Adopted Final Rule. 12/16/10 75 FR 81722 06/29/11 76 FR 43394 Regulatory Flexibility Analysis Required: Yes. Agency Contact: Dena Milligan, Attorney, Federal Reserve System, Legal Division, Phone: 202 452–3900. RIN: 7100–AD63 582. Regulation Z—Truth in Lending (Docket No. R–1393) Legal Authority: 12 U.S.C. 3806; 15 U.S.C. 1604; 15 U.S.C. 1637; 15 U.S.C. 1639; * * * Abstract: This proposed rule seeks to clarify aspects of the Federal Reserve Board’s final rules implementing the Credit Card Accountability, Responsibility, and Disclosure Act of 2009 (Pub. L. 111–24), which were published in February 2010 (75 FR 7658) and June 2010 (75 FR 37526). The Board published a final rule substantially as proposed on April 25, 2011 (76 FR 22948). Timetable: Action Date FR Cite Board Issued Interim Final Rule. Board Issued Final Rule. Board Issued Final Rule Effective. 11/02/10 75 FR 67458 04/25/11 76 FR 22948 10/01/11 rmajette on DSK2TPTVN1PROD with PROPOSALS Regulatory Flexibility Analysis Required: Yes. Agency Contact: Benjamin K. Olson, Attorney, Federal Reserve System, Division of Consumer and Community Affairs, Phone: 202 452–2826. RIN: 7100–AD55 583. Regulation Z—Truth in Lending (Docket No. R–1394) Legal Authority: 12 U.S.C. 3806; 15 U.S.C. 1604; 15 U.S.C. 1637c Abstract: On October 28, 2010, the Federal Reserve Board (the Board) approved for public comment an interim final rule amending Regulation Z (Truth in Lending) (75 FR 66554). The interim rule implements section 129E of the Truth in Lending Act (TILA), which was enacted on July 21, 2010, as section VerDate Mar<15>2010 15:24 Feb 10, 2012 Jkt 226001 1472 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. TILA section 129E establishes new requirements for appraisal independence for consumer credit transactions secured by the consumer’s principal dwelling. The amendments are designed to ensure that real estate appraisals used to support creditors’ underwriting decisions are based on the appraiser’s independent professional judgment, free of any influence or pressure that may be exerted by parties that have an interest in the transaction. The amendments also seek to ensure that creditors and their agents pay customary and reasonable fees to appraisers. The Board sought comment on all aspects of the interim final rule, which were due by December 27, 2010. Compliance is mandatory for residential mortgage applications received by creditors on or after April 1, 2011. Timetable: Action Date FR Cite Board Issued Interium Final Rule and Request for Public Comment. Board Expects No Futher Action. 10/28/10 75 FR 66554 10/01/11 Regulatory Flexibility Analysis Required: Yes. Agency Contact: Lorna Neill, Senior Attorney, Federal Reserve System, Division of Consumer and Community Affairs, Phone: 202 452–3667. RIN: 7100–AD56 584. Regulation Z—Escrow Requirements (Docket No. R–1406) Legal Authority: 12 U.S.C. 3806; 15 U.S.C. 1604; 15 U.S.C. 1637(c)(5); 15 U.S.C. 1639 Abstract: The Federal Reserve Board (Board) published in the Federal Register on March 2, 2011, a proposed rule that would amend Regulation Z (Truth in Lending) to implement certain amendments to the Truth in Lending Act made by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). Regulation Z currently requires creditors to establish escrow accounts for higher-priced mortgage loans secured by a first lien on a dwelling. The proposal would implement statutory changes made by the Dodd-Frank Act that lengthen the time for which a mandatory escrow account established for a higher-priced mortgage loan must be maintained. In addition, the proposal would implement the Act’s disclosure requirements regarding escrow accounts. The proposal also would exempt certain PO 00000 Frm 00005 Fmt 4701 Sfmt 4702 8075 loans from the statute’s escrow requirement. The primary exemption would apply to mortgage loans extended by creditors that operate predominantly in rural or underserved areas, originate a limited number of mortgage loans, and do not maintain escrow accounts for any mortgage loans they service. The comment period for the proposed rule ended on May 1, 2011. Rule making authority transferred to the CFPB on July 21, 2011. This proposal will be transferred to the CFPB which will be responsible for issuing a final rule. Timetable: Action Date Board Expects No Further Action. FR Cite 07/21/11 Regulatory Flexibility Analysis Required: Yes. Agency Contact: Nikita M. Pastor, Senior Attorney, Federal Reserve System, Division of Consumer and Community Affairs, Phone: 202 452– 3667. RIN: 7100–AD65 585. • Regulation Z—Truth in Lending (Docket No. R–1417) Legal Authority: 15 U.S.C. 1604(a); 15 U.S.C. 1639b(e); 15 U.S.C. 1639c(b) Abstract: On May 11, 2011, the Federal Reserve Board published for public comment proposed amendments to Regulation Z (Truth in Lending) and the staff commentary to the regulation to implement amendments to the Truth in Lending Act (TILA) made by the DoddFrank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act). Regulation Z currently prohibits a creditor from making a higher-priced mortgage loan without regard to the consumer’s ability to repay the loan. The proposal would implement statutory changes made by the DoddFrank Act that expand the scope of the ability-to-repay requirement to cover any consumer credit transaction secured by a dwelling (excluding an open-end credit plan, timeshare plan, reverse mortgage, or temporary loan). In addition, the proposal would establish standards for complying with the ability-to-repay requirement, including by making a ‘‘qualified mortgage.’’ The proposal also implements the Act’s limits on prepayment penalties. Rulemaking authority for TILA was transferred to the Consumer Financial Protection Bureau (CFPB) on July 21,2011. Accordingly, this rulemaking become a proposal of the CFPB on that date and any further action will be taken by the CFPB. The public comment period ended on July 22, 2011. E:\FR\FM\13FEP24.SGM 13FEP24 8076 Federal Register / Vol. 77, No. 29 / Monday, February 13, 2012 / Unified Agenda Timetable: Action Date FR Cite Board Requested Comment. Proposal Transferred to CFPB. 05/11/11 76 FR 27390 07/21/11 Agency Contact: Maureen Yap, Senior Attorney, Federal Reserve System, Division of Consumer and Community Affairs, Phone: 202 452–2412. RIN: 7100–AD75 [FR Doc. 2012–1667 Filed 2–10–12; 8:45 am] BILLING CODE 6210–01–P rmajette on DSK2TPTVN1PROD with PROPOSALS Regulatory Flexibility Analysis Required: Yes. VerDate Mar<15>2010 15:24 Feb 10, 2012 Jkt 226001 PO 00000 Frm 00006 Fmt 4701 Sfmt 9990 E:\FR\FM\13FEP24.SGM 13FEP24

Agencies

[Federal Register Volume 77, Number 29 (Monday, February 13, 2012)]
[Unknown Section]
[Pages 8072-8076]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-1667]



[[Page 8071]]

Vol. 77

Monday,

No. 29

February 13, 2012

Part XXIV





Federal Reserve System





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Semiannual Regulatory Agenda

Federal Register / Vol. 77, No. 29 / Monday, February 13, 2012 / 
Unified Agenda

[[Page 8072]]


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FEDERAL RESERVE SYSTEM

12 CFR Ch. II


Semiannual Regulatory Flexibility Agenda

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Semiannual regulatory agenda.

-----------------------------------------------------------------------

SUMMARY: The Board is issuing this agenda under the Regulatory 
Flexibility Act and the Board's Statement of Policy Regarding Expanded 
Rulemaking Procedures. The Board anticipates having under consideration 
regulatory matters as indicated below during the period November 1, 
2011 through April 30, 2012. The next agenda will be published in 
spring 2012.

DATES: Comments about the form or content of the agenda may be 
submitted any time during the next six months.

ADDRESSES: Comments should be addressed to Jennifer J. Johnson, 
Secretary of the Board, Board of Governors of the Federal Reserve 
System, Washington, DC 20551.

FOR FURTHER INFORMATION CONTACT: A staff contact for each item is 
indicated with the regulatory description below.

SUPPLEMENTARY INFORMATION: The Board is publishing its fall 2011 agenda 
as part of the Fall 2011 Unified Agenda of Federal Regulatory and 
Deregulatory Actions, which is coordinated by the Office of Management 
and Budget under Executive Order 12866. The agenda also identifies 
rules the Board has selected for review under section 610(c) of the 
Regulatory Flexibility Act, and public comment is invited on those 
entries. The complete Unified Agenda will be available to the public at 
the following Web site: www.reginfo.gov. Participation by the Board in 
the Unified Agenda is on a voluntary basis.
    The Board's agenda is divided into four sections. The first, 
Proposed Rule Stage, reports on matters the Board may consider for 
public comment during the next six months. The second section, Final 
Rule Stage, reports on matters that have been proposed and are under 
Board consideration. A third section, Long-Term Actions, reports on 
matters that have been proposed and under Board consideration, but a 
completion date has not been determined. And a fourth section, 
Completed Actions, reports on regulatory matters the Board has 
completed or is not expected to consider further. A dot () 
preceding an entry indicates a new matter that was not a part of the 
Board's previous agenda.

Margaret McCloskey Shanks,
Associate Secretary of the Board.

               Federal Reserve System--Proposed Rule Stage
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
574.......................  Regulation Y--Resolution           7100-AD73
                             Plans and Credit Exposure
                             Reports Require (Docket
                             No. R-1414).
575.......................  Regulation CC--                    7100-AD68
                             Availability of Funds and
                             Collection of Checks
                             (Docket No. R-1408).
576.......................  Regulation NN--Retail              7100-AD79
                             Foreign Exchange
                             Transactions (Docket No.
                             R-1428).
577.......................  Regulation OO--Securities          7100-AD81
                             Holding Companies (Docket
                             No. R-1430).
578.......................  Regulation LL--Savings and         7100-AD80
                             Loan Holding Companies
                             and Regulation MM--Mutual
                             Holding Companies (Docket
                             No. R-1429).
------------------------------------------------------------------------


                Federal Reserve System--Long-Term Actions
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
579.......................  Regulation KK--Margin and          7100-AD74
                             Capital Requirements for
                             Covered Swap Entities
                             (Docket No. R-1415).
------------------------------------------------------------------------


                Federal Reserve System--Completed Actions
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
580.......................  Regulation D, Q, and DD--          7100-AD72
                             Prohibition Against
                             Payment of Interest on
                             Demand Deposits (Docket
                             No. R-1413).
581.......................  Regulation II--Debit Card          7100-AD63
                             Interchange Fees and
                             Routing (Docket No. R-
                             1404).
582.......................  Regulation Z--Truth in             7100-AD55
                             Lending (Docket No. R-
                             1393).
583.......................  Regulation Z--Truth in             7100-AD56
                             Lending (Docket No. R-
                             1394).
584.......................  Regulation Z--Escrow               7100-AD65
                             Requirements (Docket No.
                             R-1406).
585.......................  Regulation Z--Truth in             7100-AD75
                             Lending (Docket No. R-
                             1417).
------------------------------------------------------------------------


FEDERAL RESERVE SYSTEM (FRS)

Proposed Rule Stage

574.  Regulation Y--Resolution Plans and Credit Exposure 
Reports Require (Docket No. R-1414)

    Legal Authority: 12 U.S.C. 1817(j)(13); 12 U.S.C. 1818; 12 U.S.C. 
1828(o); 12 U.S.C. 1851; * * *
    Abstract: The Dodd-Frank Act requires certain financial 
institutions to report to the Federal Reserve Board and the Federal 
Deposit Insurance Corporation their plans for rapid and orderly 
resolution under the U.S. Bankruptcy Code. The proposed rule would 
establish requirements for the submission and content of a resolution 
plan and credit exposure report. The resolution plan must include 
information related to the organizational structure of the company, the 
manner and extent to which any insured depository institution 
affiliated with the company is protected from risks presented by non-
bank subsidiaries; identification of cross-guarantees, major counter 
parties, and the parties to whom collateral is pledged; and certain 
other elements including a strategic analysis of the company's plans 
for maintaining core business lines and critical operations. Credit 
Exposure Reports must include information related to the aggregate 
credit exposure associated

[[Page 8073]]

with a range of transactions with every large financial firm.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Board Requested Comment.............   04/22/11  76 FR 22648
Board Expects Further Action........   01/00/12  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Barbara Bouchard, Senior Associate Director, 
Federal Reserve System, Division of Banking Supervision and Regulation, 
Phone: 202 452-3072.
    RIN: 7100-AD73

575.  Regulation CC--Availability of Funds and Collection of 
Checks (Docket No. R-1408)

    Legal Authority: 12 U.S.C. 4001 to 4010; 12 U.S.C. 5001 to 5018
    Abstract: The Federal Reserve Board (the Board) proposed amendments 
to Regulation CC to facilitate the banking industry's ongoing 
transition to fully-electronic interbank check collection and return, 
including proposed amendments to condition a depositary bank's right of 
expeditious return on the depositary bank agreeing to accept returned 
checks electronically either directly or indirectly from the paying 
bank. The Board also proposed amendments to the funds availability 
schedule provisions to reflect the fact that there are no longer any 
non local checks. The Board proposed to revise the model forms in 
appendix C that banks may use in disclosing their funds-availability 
policies to their customers and to update the preemption determinations 
in appendix F. Finally, the Board requested comment on whether it 
should consider future changes to the regulation to improve the check 
collection system, such as decreasing the time afforded to a paying 
bank to decide whether to pay a check in order to reduce the risk to a 
depositary bank of having to make funds available for withdrawal before 
learning whether a deposited check has been returned unpaid.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Board Requested Comment.............   03/25/11  76 FR 16862
Board Expects Further Action........   12/00/11  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Dena Milligan, Attorney, Federal Reserve System, 
Legal Division, Phone: 202 452-3900.
    RIN: 7100-AD68

576.  Regulation NN--Retail Foreign Exchange Transactions 
(Docket No. R-1428)

    Legal Authority: 7 U.S.C. 2(i)(2)(E); 12 U.S.C. 248; 12 U.S.C. 321 
to 338; 12 U.S.C. 1818; 12 U.S.C. 3108; * * *
    Abstract: The Federal Reserve Board is publishing for comment a 
regulation to permit banking organizations under its supervision to 
engage in off-exchange transactions in foreign currency with retail 
customers. Section 2(c)(Z)(E) of the Commodity Exchange Act, as amended 
by the Dodd-Frank Act, requires U.S. financial institutions to effect 
these transactions only pursuant to rules adopted by their federal 
regulatory authority.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Board Requested Comment.............   08/03/11  76 FR 46652
Board Expects Further Action........   12/00/11  .......................
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Scott J. Holz, Senior Counsel, Federal Reserve 
System, Legal Division, Phone: 202 452-2966.
    RIN: 7100-AD79

577.  Regulation OO--Securities Holding Companies (Docket No. 
R-1430)

    Legal Authority: 12 U.S.C. 1850a
    Abstract: The Federal Reserve Board (the Board) is issuing a 
proposed rule to implement section 618 of the Dodd-Frank Wall Street 
Reform and Consumer Protection Act which permits nonbank companies that 
own at least one registered securities broker or dealer, and that are 
required by a foreign regulator or provision of foreign law to be 
subject to comprehensive consolidated supervision, to register with the 
Board and subject themselves to supervision by the Board. The proposed 
rule outlines the requirements that a securities holding company must 
satisfy to make an effective election, including filing the appropriate 
form with the responsible Reserve Bank, providing all additional 
required information, and satisfying the statutory waiting period of 45 
days or such shorter period as the Board determines appropriate.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Board Requested Comment.............   08/31/11  76 FR 54717
Board Expects Further Action........   12/00/11
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Amanda K. Allexon, Senior Counsel, Federal Reserve 
System, Legal Division, Phone: 202 452-3818.
    RIN: 7100-AD81

578.  Regulation LL--Savings and Loan Holding Companies and 
Regulation MM--Mutual Holding Companies (Docket No. R-1429)

    Legal Authority: 5 U.S.C. 552; 5 U.S.C. 559; 5 U.S.C. 1813; 5 
U.S.C. 1817; 5 U.S.C. 1828; * * *
    Abstract: Dodd-Frank Wall Street Reform and Consumer Protection 
Act. The interim final rules provide for the corresponding transfer 
from the Office of Thrift Supervision (OTS) to the Federal Reserve 
Board (the Board) of the regulations necessary for the Board to 
administer the statutes governing the Savings and Loan Holding 
Companies (SLHCs).
    The Dodd-Frank Act transferred from OTS to the Board responsibility 
for supervision of SLHCs and their non-depository subsidiaries. The 
Dodd-Frank Act also transferred supervisory functions related to 
Federal savings associations and state savings associations to the 
Office of the Comptroller of the Currency (OCC) and the Federal Deposit 
Insurance Corporation (FDIC), respectively. The Board of Governors of 
the Federal Reserve System is publishing an interim final rule with a 
request for public comment that sets forth regulations for savings and 
loan holding companies (SLHCs). On July 21, 2011, the responsibility 
for supervision and regulation of SLHCs transferred from the Office of 
Thrift Supervision (OTS) to the Board pursuant to section 312 of the 
Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank 
Act). This interim final rule provides for the corresponding transfer 
from the OTS to the Board of the regulations necessary for the Board to 
administer the statutes governing SLHCs. Technical changes to other 
regulations have also been made to account for the transfer of 
authority over SLHCs to the Board.
    The interim final rule has three components: (1) New Regulation LL 
(Part 238), which sets forth regulations generally governing SLHCs; (2) 
new Regulation MM (Part 239), which sets forth regulations governing 
SLHCs in

[[Page 8074]]

mutual form; and (3) technical amendments to current Board regulations 
necessary to accommodate the transfer of supervisory authority for 
SLHCs from the OTS to the Board.
    The structure of the new Regulation LL closely follows that of the 
Board's Regulation Y, which houses regulations directly related to bank 
holding companies (BHCs), in order to provide an overall structure to 
rules that were previously found in disparate locations. In many 
instances, Regulation LL incorporates current OTS regulations, with 
only technical modifications to account for the shift in supervisory 
responsibility from the OTS to the Board. Additionally, the Board added 
or modified regulations to reflect substantive changes introduced by 
the Dodd-Frank Act. Those include revisions to applications processing 
procedures, control determinations, requirements to engage in 
nonbanking activities, and notice procedures for receipt of dividends 
by subsidiary savings associations.
    Regulation MM organizes the current OTS regulations specific to 
SLHCs in mutual form (MHCs) and their subsidiary holding companies into 
a single part of the Board's regulations. In many cases, Regulation MM 
mirrors the current OTS rules with only technical modifications to 
account for the shift in supervisory responsibility from the OTS to the 
Board. Additionally, the Board added or modified regulations to reflect 
substantive changes introduced by the Dodd-Frank Act. Those include 
revisions to applications processing procedures, dividend waiver 
procedures, review of offering circulars, forms of proxy, and proxy 
statements, and stock repurchases.
    The Board has made technical amendments to Board rules to 
facilitate supervision of SLHCs. These amendments include revisions to 
the interagency rules implementing requirements relating to the 
Community Reinvestment Act, as well as the procedural and 
administrative rules of the Board including those relating to the 
Freedom of Information Act. In addition, the Board made technical 
amendments to implement section 312(b)(2)(A) of the Dodd Frank Act, 
which transfers to the Board all rulemaking authority under section 11 
of HOLA relating to transactions with affiliates and extensions of 
credit to executive officers, directors, and principal shareholders. 
These amendments include revisions to parts 215 (Insider Transactions) 
and part 223 (Transactions with Affiliates) of Board regulations.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Board Requested Comment.............   09/13/11  76 FR 56508
Board Expect Further Action.........   12/00/11
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Amanda K. Allexon, Senior Counsel, Federal Reserve 
System, Legal Division, Phone: 202 452-3818.
    RIN: 7100-AD80

FEDERAL RESERVE SYSTEM (FRS)

Long-Term Actions

579.  Regulation KK--Margin and Capital Requirements for 
Covered Swap Entities (Docket No. R-1415)

    Legal Authority: 7 U.S.C. 6s; 15 U.S.C. 78o-10
    Abstract: The Office of the Comptroller of the Currency, Federal 
Reserve Board, Federal Deposit Insurance Corporation, Farm Credit 
Administration, and Federal Housing Finance Agency (the Agencies) are 
requesting comment on a proposal to establish minimum margin and 
capital requirements for registered swap dealers, major swap 
participants, security-based swap dealers, and major security-based 
swap participants for which one of the Agencies is the prudential 
regulator. This proposed rule implements sections 731 and 764 of the 
Dodd-Frank Wall Street Reform and Consumer Protection Act, which 
require the Agencies to adopt rules jointly to establish capital 
requirements and initial and variation margin requirements for such 
entities on all non-cleared swaps and non-cleared security-based swaps 
in order to offset the greater risk to such entities and the financial 
system arising from the use of swaps and security-based swaps that are 
not cleared.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Board Requested Comment.............   04/12/11  76 FR 27564
Comment Period End..................   07/11/11  76 FR 37029
Next Action Undetermined............
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Michael Gibson, Senior Associate Director, Federal 
Reserve System, Division of Banking Supervision and Regulation, Phone: 
202 452-2495.
    RIN: 7100-AD74

FEDERAL RESERVE SYSTEM (FRS)

Completed Actions

580.  Regulation D, Q, and DD--Prohibition Against Payment of 
Interest on Demand Deposits (Docket No. R-1413)

    Legal Authority: 12 U.S.C. 371a
    Abstract: Section 627 of the Dodd-Frank Act repeals section 19(i) 
of the Federal Reserve Act in its entirety, effective July 21, 2011. 
The Federal Reserve Board's Regulation Q (Prohibitions Against Payment 
of Interest on Demand Deposits) implemented section 19(i) of the 
Federal Reserve Act. Accordingly, the Federal Reserve Board has 
repealed Regulation Q in its entirety effective July 21, 2011.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Board Adopted Final Rule............   07/18/11  76 FR 42015
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Sophia Allison, Senior Counsel, Federal Reserve 
System, Legal Division, Phone: 202 452-3565.
    RIN: 7100-AD72

581. Regulation II--Debit Card Interchange Fees and Routing (Docket No. 
R-1404)

    Legal Authority: 15 U.S.C. 1693O
    Abstract: The Federal Reserve Board (the Board) published the final 
rule for new Regulation II, Debit Card Interchange Fees and Routing. 
The rule implements the provisions of section 920 of the Electronic 
Fund Transfer Act, including standards for reasonable and proportional 
interchange transaction fees for electronic debit transactions, 
exemptions from the interchange transaction fee limitations, 
prohibitions on evasion and circumvention, prohibitions on payment card 
network exclusivity arrangements and routing restrictions for debit 
card transactions, and reporting requirements for debit card issuers 
and payment card networks.
    The Board also adopted an interim final rule and requested comment 
on provisions in Regulation II that govern adjustments to debit 
interchange transaction fees for fraud-prevention costs. The provisions 
allow an issuer to receive and adjustment of 1 cent to its interchange 
transaction fee if the issuer develops, implements, and updates

[[Page 8075]]

policies and procedures that are reasonably designed to identify and 
prevent fraudulent electronic debit transactions, and secure debit card 
and cardholder data. Comments on the interim final rule must be 
submitted by September 30, 2011.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Board Requested Comment.............   12/16/10  75 FR 81722
Board Adopted Final Rule............   06/29/11  76 FR 43394
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Dena Milligan, Attorney, Federal Reserve System, 
Legal Division, Phone: 202 452-3900.
    RIN: 7100-AD63

582. Regulation Z--Truth in Lending (Docket No. R-1393)

    Legal Authority: 12 U.S.C. 3806; 15 U.S.C. 1604; 15 U.S.C. 1637; 15 
U.S.C. 1639; * * *
    Abstract: This proposed rule seeks to clarify aspects of the 
Federal Reserve Board's final rules implementing the Credit Card 
Accountability, Responsibility, and Disclosure Act of 2009 (Pub. L. 
111-24), which were published in February 2010 (75 FR 7658) and June 
2010 (75 FR 37526). The Board published a final rule substantially as 
proposed on April 25, 2011 (76 FR 22948).
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Board Issued Interim Final Rule.....   11/02/10  75 FR 67458
Board Issued Final Rule.............   04/25/11  76 FR 22948
Board Issued Final Rule Effective...   10/01/11
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Benjamin K. Olson, Attorney, Federal Reserve 
System, Division of Consumer and Community Affairs, Phone: 202 452-
2826.
    RIN: 7100-AD55

583. Regulation Z--Truth in Lending (Docket No. R-1394)

    Legal Authority: 12 U.S.C. 3806; 15 U.S.C. 1604; 15 U.S.C. 1637c
    Abstract: On October 28, 2010, the Federal Reserve Board (the 
Board) approved for public comment an interim final rule amending 
Regulation Z (Truth in Lending) (75 FR 66554). The interim rule 
implements section 129E of the Truth in Lending Act (TILA), which was 
enacted on July 21, 2010, as section 1472 of the Dodd-Frank Wall Street 
Reform and Consumer Protection Act. TILA section 129E establishes new 
requirements for appraisal independence for consumer credit 
transactions secured by the consumer's principal dwelling. The 
amendments are designed to ensure that real estate appraisals used to 
support creditors' underwriting decisions are based on the appraiser's 
independent professional judgment, free of any influence or pressure 
that may be exerted by parties that have an interest in the 
transaction. The amendments also seek to ensure that creditors and 
their agents pay customary and reasonable fees to appraisers. The Board 
sought comment on all aspects of the interim final rule, which were due 
by December 27, 2010. Compliance is mandatory for residential mortgage 
applications received by creditors on or after April 1, 2011.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Board Issued Interium Final Rule and   10/28/10  75 FR 66554
 Request for Public Comment.
Board Expects No Futher Action......   10/01/11
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Lorna Neill, Senior Attorney, Federal Reserve 
System, Division of Consumer and Community Affairs, Phone: 202 452-
3667.
    RIN: 7100-AD56

584. Regulation Z--Escrow Requirements (Docket No. R-1406)

    Legal Authority: 12 U.S.C. 3806; 15 U.S.C. 1604; 15 U.S.C. 
1637(c)(5); 15 U.S.C. 1639
    Abstract: The Federal Reserve Board (Board) published in the 
Federal Register on March 2, 2011, a proposed rule that would amend 
Regulation Z (Truth in Lending) to implement certain amendments to the 
Truth in Lending Act made by the Dodd-Frank Wall Street Reform and 
Consumer Protection Act (Dodd-Frank Act). Regulation Z currently 
requires creditors to establish escrow accounts for higher-priced 
mortgage loans secured by a first lien on a dwelling. The proposal 
would implement statutory changes made by the Dodd-Frank Act that 
lengthen the time for which a mandatory escrow account established for 
a higher-priced mortgage loan must be maintained. In addition, the 
proposal would implement the Act's disclosure requirements regarding 
escrow accounts. The proposal also would exempt certain loans from the 
statute's escrow requirement. The primary exemption would apply to 
mortgage loans extended by creditors that operate predominantly in 
rural or underserved areas, originate a limited number of mortgage 
loans, and do not maintain escrow accounts for any mortgage loans they 
service.
    The comment period for the proposed rule ended on May 1, 2011. Rule 
making authority transferred to the CFPB on July 21, 2011. This 
proposal will be transferred to the CFPB which will be responsible for 
issuing a final rule.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Board Expects No Further Action.....   07/21/11
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Nikita M. Pastor, Senior Attorney, Federal Reserve 
System, Division of Consumer and Community Affairs, Phone: 202 452-
3667.
    RIN: 7100-AD65

585.  Regulation Z--Truth in Lending (Docket No. R-1417)

    Legal Authority: 15 U.S.C. 1604(a); 15 U.S.C. 1639b(e); 15 U.S.C. 
1639c(b)
    Abstract: On May 11, 2011, the Federal Reserve Board published for 
public comment proposed amendments to Regulation Z (Truth in Lending) 
and the staff commentary to the regulation to implement amendments to 
the Truth in Lending Act (TILA) made by the Dodd-Frank Wall Street 
Reform and Consumer Protection Act (the Dodd-Frank Act). Regulation Z 
currently prohibits a creditor from making a higher-priced mortgage 
loan without regard to the consumer's ability to repay the loan. The 
proposal would implement statutory changes made by the Dodd-Frank Act 
that expand the scope of the ability-to-repay requirement to cover any 
consumer credit transaction secured by a dwelling (excluding an open-
end credit plan, timeshare plan, reverse mortgage, or temporary loan).
    In addition, the proposal would establish standards for complying 
with the ability-to-repay requirement, including by making a 
``qualified mortgage.'' The proposal also implements the Act's limits 
on prepayment penalties. Rulemaking authority for TILA was transferred 
to the Consumer Financial Protection Bureau (CFPB) on July 21,2011. 
Accordingly, this rulemaking become a proposal of the CFPB on that date 
and any further action will be taken by the CFPB. The public comment 
period ended on July 22, 2011.

[[Page 8076]]

    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Board Requested Comment.............   05/11/11  76 FR 27390
Proposal Transferred to CFPB........   07/21/11
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Maureen Yap, Senior Attorney, Federal Reserve 
System, Division of Consumer and Community Affairs, Phone: 202 452-
2412.
    RIN: 7100-AD75

[FR Doc. 2012-1667 Filed 2-10-12; 8:45 am]
BILLING CODE 6210-01-P