View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
FDIC | RIN: 3064-AE11 | Publication ID: Spring 2015 |
Title: Treatment of Certain Collateralized Debt Obligations Backed Primarily by Trust Preferred Securities; Prohibitions and Restrictions on Certain Interests in Hedge Funds and Private Equity Funds | |
Abstract:
The Office of the Comptroller of the Currency, the Federal Reserve Board, the Federal Deposit Insurance Corporation, the U.S. Commodity Futures Trading Commission, and the Securities Exchange Commission (individually, an Agency, and collectively, the Agencies) will be adopting an interim final rule that would permit banking entities to retain investments in certain pooled investment vehicles that invested their offering proceeds primarily in trust preferred or subordinated debt securities issued by community banking organizations of the type grandfathered under section 171 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The interim final rule is a companion rule to the final rules adopted by the Agencies to implement section 13 of the Bank Holding Company Act of 1956, which was added by section 619 of the Dodd-Frank Act. |
|
Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Long-Term Actions |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 351 | |
Legal Authority: 12 U.S.C. 1851 12 U.S.C. 1811 et seq 12 U.S.C. 3101 et seq 12 U.S.C. 5412 |
Legal Deadline:
None |
|||||||||||||||
Timetable:
|
Additional Information: Email: Comments@fdic.gov. Include the RIN Number 3064-AE11 on 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 Agencies: Joint: TREAS/OCC, FRS, SEC, CFTC; | |
Agency Contact: Bobby R. Bean Associate Director Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-6705 Email: bbean@fdic.gov Michael Phillips Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-3581 Email: mphillips@fdic.gov Gregory S. Feder Counsel Federal Deposit Insurance Corporation 550 17th Street NW, MB-3052, Washington, DC 20429 Phone:202 898-8724 Email: gfeder@fdic.gov |