Regulatory Roundup: Open For Comment

DEPOSIT INSURANCE: Proposal by the Federal Deposit Insurance Corp. to simplify deposit insurance rules by easing record keeping requirements for custodial accounts, streamlining accounting treatment of living trusts, and giving heirs six months of extra coverage after a depositor dies. Expected to be published shortly. Comments due 90 days later.

NCUA RECORDS: Proposal by the National Credit Union Administration to tighten its rules on disclosure of nonpublic records and on testimony by current and former employees during legal proceedings. Published April 24. Comments due June 23.

SECURITIES UNDERWRITING: Req-uest by the Office of the Comptroller of the Currency for comment on applications filed by Zions First National Bank to underwrite municipal revenue bonds through an operating subsidiary. Published April 18. Comments due May 19.

CHARTER CONVERSIONS: Proposal by the Office of Thrift Supervision to streamline the application process credit unions use to become federal mutual thrifts. Published April 9. Comments due June 9.

FHLB MISSION: Proposal by the Federal Housing Finance Board to expand how Federal Home Loan banks foster housing and community development. Published April 9. Comments due May 9.

DISCLOSURES: Request by the Federal Reserve Board 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 due June 30.

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

DEPOSIT REPORTING: Proposal by the OTS to streamline its deposit rules by dropping several reporting requirements. Published April 2. Comments due June 2.

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

INSURANCE: Request by the OCC for comment on whether federal law preempts a restrictive Rhode Island insurance sales statute. Published Jan. 14. Comment period extended to May 15.

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