View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
FDIC RIN: 3064-AD64 Publication ID: Spring 2011 
Title: ●Securities of Nonmember Insured Banks 
Abstract: The FDIC is revising its securities disclosure regulations applicable to state nonmember banks with securities required to be registered under section 12 of the Securities Exchange Act of 1934 (Exchange Act). The final rule incorporates through cross reference changes in regulations adopted by the Securities and Exchange Commission (SEC) into the provisions of the FDIC's securities regulations. Incorporation by reference will assure that the FDIC's regulations remain substantially similar to the SEC's regulations, as required by law. The final rule provides general references to SEC regulations by title and part of the Code of Federal Regulations (CFR), rather than by specific references to sections and subparts of the CFR as are currently provided in part 335. This revision reflects changes to SEC regulations with respect to small business issuers and will provide general guidance to FDIC filers regarding the electronic filing of certain documents. The amendments to part 335 references to SEC regulations will greatly reduce the need for future revisions of part 335, and the FDIC's regulations will be consistent with the SEC regulations through the cross reference stated in 12 CFR 335.101. 
Agency: Federal Deposit Insurance Corporation(FDIC)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 335   
Legal Authority: 12 USC 1819    15 USC 78l(i)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  11/30/2010  75 FR 73947   
Interim Final Rule Comment Period End  01/31/2011    
Additional Information: Email comments to: Comments@FDIC.gov. Include "Part 335-Securities of Nonmember Insured Banks" along with the RIN number in the subject line of the message.
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.FDIC.gov/regulations/laws/federal/propose.html  
RIN Data Printed in the FR: No 
Related RINs: Previously reported as 3064-AD67 
Agency Contact:
Dennis Chapman
Senior Staff Accountant
Federal Deposit Insurance Corporation
Washington, DC 20429
Phone:202 898-8922

Mark Flanigan
Counsel
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-7426
Email: mflanigan@fdic.gov