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FRS RIN: 7100-AD28 Publication ID: Spring 2009 
Title: ●Regulation Y--Capital Adequacy Guidelines: Treatment of Perpetual Preferred Stock Issued to the United States Treasury Under the Emergency Economic Stabilization Act of 2008 (Docket No. R-1336) 
Abstract: Interim final rule needed to be issued on October 17, 2008, to support and facilitate the timely implementation and acceptance of the capital purchase program announced by the U. S. Department of Treasury and promote the stability of banking organizations and the financial system. The rule specifically permits bank holding companies that issue new senior perpetual preferred stocks to the Treasury announced by the Secretary of the Treasury on October 14, 2008, to include such capital instruments in Tier 1 capital for purposes of the Board's risk-based and leverage capital rules and guidelines for bank holding companies. 
Agency: Federal Reserve System(FRS)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 225 app. A   
Legal Authority: 12 USC 1817 (j)(13)    12 USC 1818    12 USC 1831    12 UCS 1843 (c)(8)    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Board Requested Comment  10/22/2008  73 FR 62851   
Board Expects Further Action By  05/00/2009    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
John Connolly
Senior Project Manager
Federal Reserve System
Division of Banking Supervision and Regulation,
Phone:202 452-3621