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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:
Action Date FR Cite
Interim Final Rule  01/31/2014  79 FR 5223   
Interim Final Rule Comment Period End  03/03/2014 
Interim Final Rule Effective  04/01/2014 
Next Action Undetermined  To Be Determined 
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