Regulatory Roundup: Comments Closed

ELECTRONIC BENEFITS II: Treasury proposal setting legal groundwork for contracting with financial institutions to deliver benefits electronically to recipients who do not have bank accounts. Published May 9. Comments closed Tuesday.

BROKER-DEALERS: Proposal by the National Association of Securities Dealers to require that all broker-dealers disclose to customers the risks and the absence or presence of deposit insurance when selling securities. Published in the May Notice to Members. Comments were due June 30.

DISCLOSURES: Request by the Fed for recommendations on how Congress should combine the disclosures required by the Truth-in-Lending and Real Estate Settlement Procedures acts. Published April 2. Comments were due June 30.

OP-SUB UNDERWRITING: Request by the OCC for comment on an application filed by Zions First National Bank to underwrite municipal revenue bonds through an operating subsidiary. Published April 18. Comments were due May 19.

OP-SUB DEVELOPMENT: Request by the OCC for comment on applications filed by NationsBank Corp. to establish real estate development and lease financing operating subsidiaries. Published April 4. Comments were due May 5.

ELECTRONIC BANKING: Proposal by the OTS to rewrite rules to foster development of electronic banking services. Published April 2. Comments were due June 2.

MUTUAL FUNDS: Proposal by the Securities and Exchange Commission to simplify mutual fund prospectuses. Published March 10. Comments were due June 9.

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