Federal Reserve Board Extends Comment Period for Proposed Rule on Transactions Between Member Banks and Subsidiaries

Summary

The Federal Reserve Board has extended the comment period for a proposed rule that would apply sections 23A and 23B of the Federal Reserve Act to transactions between a member bank and its subsidiaries, originally set to close on October 3, 1997, and now will run through October 3, 1997.

Original source language: Federal Register — Federal ReserveOpen original release →

Add your company to Business Communicator

We monitor business sources and connect attention with companies, profiles and services available in Business Communicator.

Create a free company profile Explore businesses on Business Maps →

Create a free company profile →

Explore insights

Business insights →

Global Markets News Trade Regulation News Business Technology News Fintech for Business: Payments & Banking News Supply Chain News Central Bank Policy News

Related business signals

Finance & markets · 7/9/2026

Federal Reserve Board Invites Comments on Proposed Rule for Anti-Money Laundering and Countering the Financing of Terrorism Programs

The Federal Reserve Board is seeking public comment on a proposed rule that would require its supervised banks to implement effective anti-money laundering and countering the financing of terrorism programs, aligning with changes proposed by the Financial Crimes Enforcement Network and other regulatory agencies.

Read summary →

Finance & markets · 9/14/2026

Office of the Comptroller of the Currency, Federal Reserve Board, and Federal Deposit Insurance Corporation Jointly Issue Interim Final Rule on Examination Cycle for Small Insured Depository Institutions and Foreign Banks

The OCC, Board, and FDIC are jointly requesting public comment on an interim final rule that raises the asset threshold for certain small insured depository institutions to qualify for an 18-month on-site examination cycle, and makes parallel changes to the regulations governing the on-site examination cycle for U.S. branches and agencies of foreign banks, consistent with the International Banking Act of 1978.

Read summary →

Finance & markets · 8/4/2026

Federal Reserve Proposes Updates to Regulation O on Insider Loans

The Federal Reserve is seeking public comment on proposed amendments to Regulation O, which governs loans to executive officers, directors, and principal shareholders of member banks and their affiliates, with the aim of increasing transparency, reducing regulatory burden, and modernizing the regulation.

Read summary →

Finance & markets · 8/4/2026

Federal Reserve Board Invites Comments on Proposal to Modernize Regulatory Framework for Mutual Holding Companies

The Federal Reserve Board is seeking public comment on a proposed rulemaking aimed at updating the regulatory framework for mutual holding companies, with the goal of reducing burdens and promoting efficiency in the industry.

Read summary →

Finance & markets · 7/9/2026

Federal Reserve Board Seeks Comments on Proposed Extension of Employment Application Form

The Federal Reserve Board is requesting public comment on a proposal to extend the Applications for Employment with the Board of Governors of the Federal Reserve System for three years, with revisions

Read summary →

Finance & markets · 7/9/2026

Federal Reserve Board Seeks Comments on Proposed Extension of Domestic Finance Company Report

The Federal Reserve Board is requesting public comment on a proposal to extend the Domestic Finance Company Report of Consolidated Assets and Liabilities for three years, with revisions, and invites stakeholders to provide feedback on the proposed activity.

Read summary →