Recordkeeping for Custodial Accounts; Extension of Comment Period, 91586 [2024-27097]

Download as PDF 91586 Proposed Rules Federal Register Vol. 89, No. 224 Wednesday, November 20, 2024 This section of the FEDERAL REGISTER contains notices to the public of the proposed issuance of rules and regulations. The purpose of these notices is to give interested persons an opportunity to participate in the rule making prior to the adoption of the final rules. FEDERAL DEPOSIT INSURANCE CORPORATION 12 CFR Part 375 RIN 3064–AG07 Recordkeeping for Custodial Accounts; Extension of Comment Period Federal Deposit Insurance Corporation (FDIC). ACTION: Notice of proposed rulemaking; extension of comment period. AGENCY: On October 2, 2024, the FDIC published in the Federal Register a proposed rule that would strengthen FDIC-insured depository institutions’ (IDI) recordkeeping for custodial deposit accounts with transactional features and preserve beneficial owners’ and depositors’ entitlement to the protections afforded by Federal deposit insurance. The proposed rule provided for a 60-day comment period, which closes on December 2, 2024. The FDIC has determined that an extension of the comment period until January 16, 2025, is appropriate. This action will allow interested parties additional time to analyze the proposal and prepare comments. SUMMARY: The comment period for the proposed rule that published at 89 FR 80135 (October 2, 2024) is extended. Comments must be received on or before January 16, 2025. ADDRESSES: You may submit comments on this document using any of the following methods: • Agency Website: https:// www.fdic.gov/resources/regulations/ federal-register-publications/. Follow the instructions for submitting comments on the agency website. • Email: comments@FDIC.gov. Include RIN 3064–AG07 in the subject line of the message. • Mail: James P. Sheesley, Assistant Executive Secretary, Attention: Comments—RIN 3064–AG07, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. khammond on DSK9W7S144PROD with PROPOSALS DATES: VerDate Sep<11>2014 18:36 Nov 19, 2024 Jkt 265001 • Hand Delivery: Comments may be hand delivered to the guard station at the rear of the 550 17th Street NW Building (located on F Street) on business days between 7 a.m. and 5 p.m. • Public Inspection: Comments received, including any personal information provided, may be posted without change to https://www.fdic.gov/ resources/regulations/federal-registerpublications/. Commenters should submit only information that the commenter wishes to make available publicly. The FDIC may review, redact, or refrain from posting all or any portion of any comment that it may deem to be inappropriate for publication, such as irrelevant or obscene material. The FDIC may post only a single representative example of identical or substantially identical comments, and in such cases will generally identify the number of identical or substantially identical comments represented by the posted example. All comments that have been redacted, as well as those that have not been posted, that contain comments on the merits of the notice will be retained in the public comment file and will be considered as required under all applicable laws. All comments may be accessible under the Freedom of Information Act. FOR FURTHER INFORMATION CONTACT: Division of Resolutions and Receiverships: Shivali Nangia, Assistant Director, 972–761–2945, SNangia@ FDIC.gov; Cathy K. Davis, Chief, Claims, 972–761–2336, CDavis@FDIC.gov. Division of Depositor and Consumer Protection: Luke H. Brown, Associate Director, Supervisory Policy, 202–898– 3842, LuBrown@FDIC.gov; Meron Wondwosen, Assistant Director, Supervisory Policy, 202–898–7211, MeWondwosen@FDIC.gov; Edward J. Hof, Senior Policy Analyst, 202–898– 7213, EdwHof@FDIC.gov. Legal Division: Vivek V. Khare, Senior Counsel, 202–898–6847, VKhare@ FDIC.gov; James S. Watts, Counsel, 202– 898–6678, JWatts@FDIC.gov. SUPPLEMENTARY INFORMATION: On October 2, 2024, the FDIC published in the Federal Register (89 FR 80135) a document proposing requirements to strengthen IDI recordkeeping for custodial deposit accounts with transactional features. The proposed rule stated that the comment period would close on December 2, 2024. The FDIC has received requests to extend the PO 00000 Frm 00001 Fmt 4702 Sfmt 4702 comment period. After reviewing the requests, the agency finds it appropriate to grant the requests and extend the comment period by an additional 45 days. An extension of the comment period will provide additional opportunity for the public to prepare comments to address the matters raised by the proposed rule. Therefore, the FDIC is extending the comment period for the recordkeeping-related proposed rule from December 2, 2024, to January 16, 2025. Federal Deposit Insurance Corporation. Dated at Washington, DC, on November 15, 2024. James P. Sheesley, Assistant Executive Secretary. [FR Doc. 2024–27097 Filed 11–19–24; 8:45 am] BILLING CODE 6714–01–P CONSUMER PRODUCT SAFETY COMMISSION 16 CFR Parts 1112 and 1250 [CPSC Docket No. CPSC–2024–0039] Mandatory Toy Safety Standards: Requirements for Neck Floats Consumer Product Safety Commission. ACTION: Notice of proposed rulemaking. AGENCY: The Consumer Product Safety Improvement Act of 2008 (CPSIA) mandates that ASTM F963 shall be a mandatory toy safety standard. This toy safety standard sets forth only minimal labeling requirements for aquatic toys such as neck floats. The U.S. Consumer Product Safety Commission (CPSC or Commission) proposes to establish new performance and revised labeling requirements to address potentially deadly hazards associated with neck floats. The Commission also proposes to amend CPSC’s list of notice of requirements (NORs) to include neck floats. SUMMARY: Submit comments by January 21, 2025. Submit comments related to the Paperwork Reduction Act aspects of the marking, labeling, and instructional literature requirements by January 21, 2025 DATES: Submit all comments, identified by Docket No. CPSC–20240039, by any of the following methods: ADDRESSES: E:\FR\FM\20NOP1.SGM 20NOP1

Agencies

[Federal Register Volume 89, Number 224 (Wednesday, November 20, 2024)]
[Proposed Rules]
[Page 91586]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-27097]


========================================================================
Proposed Rules
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains notices to the public of 
the proposed issuance of rules and regulations. The purpose of these 
notices is to give interested persons an opportunity to participate in 
the rule making prior to the adoption of the final rules.

========================================================================


Federal Register / Vol. 89, No. 224 / Wednesday, November 20, 2024 / 
Proposed Rules

[[Page 91586]]



FEDERAL DEPOSIT INSURANCE CORPORATION

12 CFR Part 375

RIN 3064-AG07


Recordkeeping for Custodial Accounts; Extension of Comment Period

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of proposed rulemaking; extension of comment period.

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

SUMMARY: On October 2, 2024, the FDIC published in the Federal Register 
a proposed rule that would strengthen FDIC-insured depository 
institutions' (IDI) recordkeeping for custodial deposit accounts with 
transactional features and preserve beneficial owners' and depositors' 
entitlement to the protections afforded by Federal deposit insurance. 
The proposed rule provided for a 60-day comment period, which closes on 
December 2, 2024. The FDIC has determined that an extension of the 
comment period until January 16, 2025, is appropriate. This action will 
allow interested parties additional time to analyze the proposal and 
prepare comments.

DATES: The comment period for the proposed rule that published at 89 FR 
80135 (October 2, 2024) is extended. Comments must be received on or 
before January 16, 2025.

ADDRESSES: You may submit comments on this document using any of the 
following methods:
     Agency Website: https://www.fdic.gov/resources/regulations/federal-register-publications/. Follow the instructions for 
submitting comments on the agency website.
     Email: [email protected]. Include RIN 3064-AG07 in the 
subject line of the message.
     Mail: James P. Sheesley, Assistant Executive Secretary, 
Attention: Comments--RIN 3064-AG07, Federal Deposit Insurance 
Corporation, 550 17th Street NW, Washington, DC 20429.
     Hand Delivery: Comments may be hand delivered to the guard 
station at the rear of the 550 17th Street NW Building (located on F 
Street) on business days between 7 a.m. and 5 p.m.
     Public Inspection: Comments received, including any 
personal information provided, may be posted without change to https://www.fdic.gov/resources/regulations/federal-register-publications/. 
Commenters should submit only information that the commenter wishes to 
make available publicly. The FDIC may review, redact, or refrain from 
posting all or any portion of any comment that it may deem to be 
inappropriate for publication, such as irrelevant or obscene material. 
The FDIC may post only a single representative example of identical or 
substantially identical comments, and in such cases will generally 
identify the number of identical or substantially identical comments 
represented by the posted example. All comments that have been 
redacted, as well as those that have not been posted, that contain 
comments on the merits of the notice will be retained in the public 
comment file and will be considered as required under all applicable 
laws. All comments may be accessible under the Freedom of Information 
Act.

FOR FURTHER INFORMATION CONTACT: Division of Resolutions and 
Receiverships: Shivali Nangia, Assistant Director, 972-761-2945, 
[email protected]; Cathy K. Davis, Chief, Claims, 972-761-2336, 
[email protected]. Division of Depositor and Consumer Protection: Luke H. 
Brown, Associate Director, Supervisory Policy, 202-898-3842, 
[email protected]; Meron Wondwosen, Assistant Director, Supervisory 
Policy, 202-898-7211, [email protected]; Edward J. Hof, Senior 
Policy Analyst, 202-898-7213, [email protected]. Legal Division: Vivek V. 
Khare, Senior Counsel, 202-898-6847, [email protected]; James S. Watts, 
Counsel, 202-898-6678, [email protected].

SUPPLEMENTARY INFORMATION: On October 2, 2024, the FDIC published in 
the Federal Register (89 FR 80135) a document proposing requirements to 
strengthen IDI recordkeeping for custodial deposit accounts with 
transactional features. The proposed rule stated that the comment 
period would close on December 2, 2024. The FDIC has received requests 
to extend the comment period. After reviewing the requests, the agency 
finds it appropriate to grant the requests and extend the comment 
period by an additional 45 days. An extension of the comment period 
will provide additional opportunity for the public to prepare comments 
to address the matters raised by the proposed rule. Therefore, the FDIC 
is extending the comment period for the recordkeeping-related proposed 
rule from December 2, 2024, to January 16, 2025.

Federal Deposit Insurance Corporation.

    Dated at Washington, DC, on November 15, 2024.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2024-27097 Filed 11-19-24; 8:45 am]
BILLING CODE 6714-01-P
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