Federal Reserve System March 1, 2010 – Federal Register Recent Federal Regulation Documents

Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB; Correction
Document Number: 2010-4118
Type: Notice
Date: 2010-03-01
Agency: Federal Reserve System, Agencies and Commissions
Background. Notice is hereby given of the final approval of proposed information collections by the Board of Governors of the Federal Reserve System (Board) under OMB delegated authority, as per 5 CFR 1320.16 (OMB Regulations on Controlling Paperwork Burdens on the Public). Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instruments are placed into OMB's public docket files. The Federal Reserve may not conduct or sponsor, and the respondent is not required to respond to, an information collection that has been extended, revised, or implemented on or after October 1, 1995, unless it displays a currently valid OMB control number.
Extensions of Credit by Federal Reserve Banks
Document Number: 2010-4086
Type: Rule
Date: 2010-03-01
Agency: Federal Reserve System, Agencies and Commissions
The Board of Governors of the Federal Reserve System (Board) has adopted final amendments to its Regulation A to reflect the Board's approval of an increase in the primary credit rate at each Federal Reserve Bank. The secondary credit rate at each Reserve Bank automatically increased by formula as a result of the Board's primary credit rate action.
Electronic Fund Transfers
Document Number: 2010-3720
Type: Proposed Rule
Date: 2010-03-01
Agency: Federal Reserve System, Agencies and Commissions
On November 17, 2009, the Board published final rules amending Regulation E, which implements the Electronic Fund Transfer Act, and the official staff commentary to the regulation. The final rule limited the ability of financial institutions to assess overdraft fees for paying automated teller machine (ATM) and one-time debit card transactions that overdraw a consumer's account, unless the consumer affirmatively consents, or opts in, to the institution's payment of overdrafts for those transactions. The Board proposes to amend Regulation E and the official staff commentary to clarify certain aspects of the final rule.
Truth in Savings
Document Number: 2010-3719
Type: Proposed Rule
Date: 2010-03-01
Agency: Federal Reserve System, Agencies and Commissions
On January 29, 2009, the Board published final rules amending Regulation DD, which implements the Truth in Savings Act, and the