Regulatory Roundup: OPEN FOR COMMENT

STORED-VALUE CARDS: Proposal by the Federal Deposit Insurance Corp. to exclude most stored-value from deposit insurance. Published Aug. 2. Comments due Oct. 31.

GLASS-STEAGALL: Proposal by the Federal Reserve Board to permit Section 20 affiliates to earn a quarter of their income from underwriting commercial securities. Expected to be published shortly. Comments due Sept. 30.

NEW REPORTS: Proposal by the National Credit Union Administration to subject some credit unions with risky portfolios to new reporting requirements. Published Nov. 29, 1995. Comment period extended to Sept. 30.

SIMPLER REGISTRATION: Proposal by the FDIC to let banks follow most of the Securities and Exchange Commission rules on securities registration. Published June 28. Comments due Sept. 26.

LOANS TO ONE BORROWER: Proposal by the Office of the Comptroller of the Currency to allow a national bank to exceed its limit on loans to a single borrower, provided the additional credit is secured by either personal property or real estate. Published July 17. Comments due Sept. 16.

Camel RATINGS: Proposal by the banking and thrift agencies to add a sixth component, sensitivity to market risks, to the Camel rating system. Published July 18. Comments due Sept. 16.

CAPITAL RULES: Proposal by the Office of Federal Housing Enterprise Oversight to establish the credit-risk portion of up-coming risk-based capital standards for Fannie Mae and Freddie Mac. Published June 11. Comments due Sept. 9.

FARM CREDIT: Proposal by the Farm Credit Administration to loosen restrictions on who is eligible to borrow from the system and reason for the loan. Originally published Sept. 11, 1995. Expected to be republished shortly. Comments due 30 days after publication.

FHLB BUDGETS: Proposal by the Federal Housing Finance Board to allow Federal Home Loan Bank boards to approve their own budgets. Expected to be published this week. Comments due 30 days after publication.

STORED-VALUE II: Proposal by the Fed to exempt many types of stored- value cards from the consumer protections included in Regulation E. Published May 2. Comment period extended to Sept. 6.

FIREWALLS: Proposal by the Fed to eliminate barriers that prevent a bank from sharing employees with, selling assets to, are entering marketing agreements with a Section 20 affiliate. Expected to be published shortly. Comments due Sept. 3.

ACCOUNTING: Proposal by the Fed to clarify that income from investment grade securities that a bank can hold in its own portfolio does not count toward the revenue limit for a Section 20 affiliate. Expected to be published shortly. Comments due Sept. 3.

THRIFT OPERATIONS: Proposal by the Office of Thrift Supervision to eliminate nine rules on how thrifts may operate, including dropping the requirement that a thrift president also be a director and chief executive. Published June 25. Comments due Aug. 26.

CONFLICTS OF INTEREST: Proposal by the OTS to streamline conflict-of- interest rules, including removing a ban on referring a thrift customer's insurance business to a director who is an insurance agent. Published June 14. Comments due Aug. 13.

SUBSIDIARY INVESTMENTS: Proposal by the OTS to allow subsidiaries to participate in any preapproved activity after 30 days' notice, rather than requiring a new application for each. Published June 13. Comments due Aug. 12.

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