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FRS RIN: 7100-AF48 Publication ID: Fall 2020 
Title: Regulation EE--Netting Eligibility for Financial Institutions (Docket No: R-1661) 
Abstract:

The Board of Governors of the Federal Reserve System (Board) is seeking comment on a proposal to amend Regulation EE to include certain new entities in the definition of financial institution contained in section 402 of the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA) so that they will be covered by FDICIA's netting provisions. The proposal would also clarify how the existing activities-based test in Regulation EE applies following a consolidation of legal entities.

 
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 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 231   
Legal Authority: 12 U.S.C. 1821    12 U.S.C. 4401    12 U.S.C. 4403    12 U.S.C. 4402    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Board Requested Comments  05/02/2019  84 FR 18741   
Board Expects Further Action  11/00/2020 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Evan Winerman
Assistant General Counsel
Federal Reserve System
Legal Division,
Washington, DC 20551
Phone:202 872-7578

Justyna Bolter
Senior Attorney
Federal Reserve System
Legal Division,
Washington, DC 20551
Phone:202 452-2686