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FHFA RIN: 2590-AA69 Publication ID: Fall 2016 
Title: Acquired Member Assets 
Abstract:

The rule will delete provisions in the current regulation that reference or otherwise rely on credit ratings issued by an entity regarded as a Nationally Recognized Statistical Rating Organization by the Securities and Exchange Commission and replace those provisions, where necessary, with new provisions based on other appropriate credit worthiness standards. The rule will also restructure and simplify the current Acquired Member Assets (AMA) regulation and remove certain provisions that no longer apply to the Federal Home Loan Banks' AMA activity.

 
Agency: Federal Housing Finance Agency(FHFA)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 1268   
Legal Authority: 12 U.S.C. 1430    12 U.S.C. 1430b    12 U.S.C. 1431    12 U.S.C. 4511    12 U.S.C. 4513    12 U.S.C. 4526   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  12/17/2015  80 FR 78689   
NPRM Comment Period End  04/15/2016 
Final Rule  11/00/2016 
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.regulations.gov; www.fhfa.gov   Public Comment URL: www.regulations.gov; www.fhfa.gov  
RIN Data Printed in the FR: No 
Related RINs: Split from 2590-AA40 
Agency Contact:
Thomas E. Joseph
Senior Attorney-Advisor
Federal Housing Finance Agency
400 Seventh Street SW.,
Washington, DC 20219
Phone:202 649-3076
TDD Phone:800 877-8339
Email: thomas.joseph@fhfa.gov