TRUTH-IN-LENDING: Proposal by the Federal Reserve Board to revise its staff commentary on Regulation Z to clarify that payday loans are credit transactions. Published Nov. 5. Comments due Jan. 10.FED REPORTS: Announcement by the Fed that it is reviewing how to improve or whether to eliminate any of its publications. Published Nov. 2. Comments due Dec. 17.
RECEIVERSHIP ASSETS: Proposal by the Federal Deposit Insurance Corp. to prohibit the agency - when acting as receiver or conservator - from recovering financial assets transferred by the failed institution as part of a securitization or participation. For the prohibition to apply, such transfers would have to meet all conditions for sale accounting under generally accepted accounting principles. Published Sept. 21. Comments due Dec. 20.