Rule · FRB · 20 Feb 2019 · 2019-02976
The Board of Governors of the Federal Reserve System corrects the comment period for a notice of proposed rulemaking published on February 14, 2019, regarding amendments to company-run stress testing requirements under Regulations LL and YY. The correction extends the deadline for submitting comments on the proposed modifications to conform with section 401 of the Economic Growth, Regulatory Relief, and Consumer Protection Act to March 21, 2019.
This section of the FEDERAL REGISTER contains notices to the public of the proposed issuance of rules and regulations. The purpose of these notices is to give interested persons an opportunity to participate in the rule making prior to the adoption of the final rules. Proposed Rules Federal Register 5014 Vol. 84, No. 34 Wednesday, February 20, 2019 FEDERAL RESERVE SYSTEM 12 CFR Parts 238 and 252 [Docket No. R–1648; RIN 7100–AF37] Regulations LL and YY; Amendments to the Company-Run and Supervisory Stress Test Rules; Correction AGENCY: Board of Governors of the Federal Reserve System (Board). ACTION: Notice of proposed rulemaking; correction. SUMMARY: This document corrects the end of the comment period for a notice of proposed rulemaking (NPR) published in the Federal Register of February 14, 2019, that would modify company-run stress testing requirements to conform to section 401 of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). DATES: The comment period for the NPR published on February 14, 2019, at 84 FR 4002, is corrected. Comments must be received by March 21, 2019. FOR FURTHER INFORMATION CONTACT: Benjamin W. McDonough, Assistant General Counsel, (202) 452–2036, Julie Anthony, Senior Counsel, (202) 475– 6682, or Asad Kudiya, Counsel, Legal Division, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551. Additional contact information is identified in the NPR (See 84 FR 4002 (February 14, 2019). Users of Telecommunication Device for Deaf (TDD) only, call (202) 263–4869. SUPPLEMENTARY INFORMATION: The Board published in the Federal Register of February 14, 2019, a notice of proposed rulemaking that would modify company-run stress testing requirements to conform to section 401 of EGRRCPA. However, the comment period for that NPR was published to end five days after publication in the Federal Register, which is contrary to the 30-day notice period intended by the Board. This document corrects that error and extends the comment period to end on March 21, 2019. Correction In proposed rule, FR Doc. 2019– 00484, published on February 14, 2019, 84 FR 4002 make the following correction:
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