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FRS | RIN: 7100-AD69 | Publication ID: Fall 2015 |
Title: Regulation JJ--Incentive-Based Compensation Arrangements (Docket No: R-1410) | |
Abstract:
Section 956 of the Dodd-Frank Act required the Federal Deposit Insurance Corporation, the Department of Treasury, the National Credit Union Administration, the Securities and Exchange Commission, the Federal Housing Finance Agency, and the Board of Governors of the Federal Reserve System (collectively, the Agencies), to jointly prescribe regulations or guidelines with respect to incentive-based compensation at covered financial institutions. In April 2011, the Agencies issued a joint proposed rulemaking that would implement this requirement. The public comment period for the proposed rulemaking expired on May 31, 2011. The Agencies are working to develop rules or guidelines in light of the comments received from the public. It is not anticipated that the final rule guidelines, when issued, will have a significant economic impact on a substantial number of small entities subject to the Board's regulation |
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Agency: Federal Reserve System(FRS) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 236 | |
Legal Authority: 12 U.S.C. 5641 |
Legal Deadline:
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Timetable:
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Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Michael Waldron Senior Special Counsel Federal Reserve System Legal Division, Washington, DC 20551 Phone:202 452-2798 |