Regulatory Alerts2023-10-27 | 2023-23671Regulatory Capital Rule: Large Banking Organizations and Banking Organizations With Significant Trading Activity; Extension of Comment Period
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation have extended the public comment period for their September 18, 2023, proposed rule substantially revising capital requirements for large banking organizations and those with significant trading activity. The agencies determined that an extension is appropriate to provide additional time for stakeholders to consider the proposal and prepare comments addressing specific questions posed. The new deadline for submitting comments is January 16, 2024, replacing the original November 30, 2023, closing date.
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