EFT '99: Advanced notice of proposal by the Treasury Department. The agency is seeking public comment on whether it should let banks, thrifts, and credit unions subcontract electronic benefit transfer services with unregulated institutions, such as check cashers, currency dealers, and money transmitters. Published Jan. 8. Comments due April 8.
RECEIVERSHIPS: Proposal by the Federal Deposit Insurance Corp. to clarify its policy on a receivership issue. When acting as a receiver for a failed bank or thrift, the agency typically will not seek to reclaim assets that the institution transferred as part of a securitization or loan participation. Published in the Federal Register on Dec. 30. Comments due March 1.