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TREAS/OTS RIN: 1550-AC44 Publication ID: Spring 2011 
Title: Alternatives to the Use of External Credit Ratings in the Regulations of the OTS 
Abstract: Section 939A of the Dodd-Frank Wall Street Reform and Consumer Protection Act directs all Federal agencies to review, no later than one year after enactment, any regulation that requires the use of an assessment of creditworthiness of a security or money market instrument and any reference to or requirements in regulations regarding credit ratings. The OTS is seeking public comment to obtain information to implement this statutory provision with respect to its regulations (other than the capital regulations which are subject to a separate rulemaking). 
Agency: Department of the Treasury(TREAS)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 560   
Legal Authority: 12 USC 1462 and 1462a    12 USC 1463 and 1464    12 USC 1467a and 1701j-3    12 USC 1828    12 USC 3803 and 3806    48 USC 4106   
Legal Deadline:
Action Source Description Date
Final  Statutory  Final Rule  07/21/2011 
Timetable:
Action Date FR Cite
ANPRM  10/14/2010  75 FR 63107   
ANPRM Comment Period End  11/15/2010    
NPRM  06/00/2011    
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:
William J. Magrini
Senior Project Manager, Supervision Policy
Department of the Treasury
Office of Thrift Supervision
1700 G Street NW.,
Washington, DC 20552
Phone:202 906-5744

Marvin L. Shaw
Counsel
Department of the Treasury
250 E Street, SW,
Washington, DC 20219
Phone:202 927-9096