Regulatory Roundup: COMMENTS CLOSED

CAPITAL RULES: Proposal by the Office of Federal Housing Enterprise Oversight to establish the credit-risk portion of up-coming risk-based capital standards for Fannie Mae and Freddie Mac. Published June 11; comments were due Sept. 9.

HOME LOAN BANK BUDGETS: Proposal by the Federal Housing Finance Board to allow Federal Home Loan bank boards to approve their own budgets. Published Aug. 9; comments were due Sept. 8

STORED-VALUE II: Proposal by the Fed to exempt many types of stored- value cards from the consumer protections included in Regulation E. Published May 2; comments were due Sept. 6.

FIREWALLS: Proposal by the Fed to eliminate barriers that prevent a bank from sharing employees with, selling assets to, or entering marketing agreements with a section 20 affiliate. Published Aug. 5; comments were due Sept. 3.

ACCOUNTING: Proposal by the Fed to clarify that income from investment- grade securities does not count toward the revenue limit for a section 20 affiliate. Published Aug. 5; comments were due Sept. 3.

THRIFT OPERATIONS: Proposal by the OTS to eliminate nine rules on how thrifts may operate, including dropping the requirement that a thrift president also be a director and chief executive. Published June 25; comments were due Aug. 26.

CONFLICTS OF INTEREST: Proposal by the OTS to streamline conflict-of- interest rules, including removing a ban on referring a thrift customer's insurance business to a director who is an insurance agent. Published June 14; comments were due Aug. 13.

SUBSIDIARY INVESTMENTS: Proposal by the OTS to let subsidiaries participate in any preapproved activity after 30 days' notice rather seek approval again. Published June 13; comments were due Aug. 12.

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