WASHINGTON - Industry representatives are asking government regulators to extend by six months the deadline for comment on proposed capital requirements for the Federal Home Loan Bank System.

"Because many questions dealing with development of a new capital structure remain unanswered, this is causing severe difficulties in our members' ability to determine the impact of the new capital structure on their Federal Home Loan banks and … on their own institutions," Diane M. Casey, president of America's Community Bankers, wrote in a letter to William C. Apgar, acting Federal Housing Finance Board chairman.

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