Regulatory Roundup: Open For Comment

SECURITIES: Proposals by the Federal Reserve Board to ease section 23(a) restrictions on banks that buy securities from affiliated broker- dealers and that extend credit to customers of an affiliated section 20 unit. Both proposals were published June 16. Comments due July 21.

INFORMATION TECHNOLOGY: Proposal by the Federal Financial Institutions Examination Council to apply the Camels rating system to banks' data processing efforts. Published June 9. Comments due Aug. 10.

SMALL BUSINESS LOANS: Proposal by the Small Business Administration to require banks selling the nonguaranteed portion of 7(a) loans to retain a percentage of the credit. Published May 18. Comments due July 17.

COMMUNITY LENDING: Proposal by the Federal Housing Finance Board to create two new programs for rural and urban community investment. Published May 8. Comments due Aug. 6

LETTERS OF CREDIT: Proposal by the Finance Board to make it easier for the 12 Home Loan banks to issue standby letters of credit for economic development projects. Published May 8. Comments due Aug. 6.

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