[Federal Register Volume 74, Number 216 (Tuesday, November 10, 2009)]
[Notices]
[Pages 58017-58018]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-27069]



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FEDERAL DEPOSIT INSURANCE CORPORATION

FEDERAL RESERVE SYSTEM

[Docket No. OP-1369]

DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

[Docket ID OCC-2009-0013]

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision

[Docket ID OTS-2009-0016]


Correspondent Concentration Risks: Reopening of Comment Period

AGENCIES: Federal Deposit Insurance Corporation (FDIC); Board of 
Governors of the Federal Reserve System (the Board), Office of the 
Comptroller of the Currency, Treasury (OCC); and Office of Thrift 
Supervision, Treasury (OTS).

ACTION: Extension of Comment Period for Proposed Guidance.

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SUMMARY: On September 25, 2009, the FDIC, Board, OCC, and OTS (the 
Agencies) published proposed guidance on correspondent concentration 
risks (Proposed Guidance) for public comment. The Agencies are 
reopening the comment period on the Proposed Guidance for an additional 
30 days.

DATES: Comments must be submitted on or before November 27, 2009.

ADDRESSES: Comments should be directed to:
    FDIC: You may submit comments by any of the following methods:
    Agency Web Site: http://www.fdic.gov/regulations/laws/federal. 
Follow instructions for submitting comments on the Agency Web Site.
    E-mail: Comments@FDIC.gov. Include ``Proposed Guidance on 
Correspondent Concentration Risks'' in the subject line of the message.
    Federal eRulemaking Portal: http://www.regulations.gov. Follow the 
instructions for submitting comments.
    Mail: Robert E. Feldman, Executive Secretary, Attention: Comments, 
Federal Deposit Insurance Corporation, 550 17th Street, NW., 
Washington, DC 20429.
    Hand Delivery/Courier: Guard station at the rear of the 550 17th 
Street Building (located on F Street) on business days between 7 a.m. 
and 5 p.m. (EST).
    Public Inspection: All comments received will be posted without 
change to http://www.fdic.gov/regulations/laws/federal including any 
personal information provided. Comments may be inspected and 
photocopied in the FDIC Public Information Center, 3501 North Fairfax 
Drive, Room E-1002, Arlington, VA 22226, between 9 a.m. and 5 p.m. 
(EST) on business days. Paper copies of public comments may be ordered 
from the Public Information Center by telephone at (877) 275-3342 or 
(703) 562-2200.
    FRB: You may submit comments, identified by Docket No. OP-1369, by 
any of the following methods:
    Agency Web site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
    E-mail: regs.comments@federalreserve.gov. Include the docket number 
in the subject line of the message.
    Federal eRulemaking Portal: http://www.regulations.gov. Follow the 
instructions for submitting comments.
    Fax: (202) 452-3819 or (202) 452-3102.
    Mail: Jennifer J. Johnson, Secretary, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue, NW., 
Washington, DC 20551.
    Public Inspection: All public comments are available from the 
Board's Web site at http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as submitted, unless modified for technical reasons. 
Accordingly, your comments will not be edited to remove any identifying 
or contact information. Public comments may also be viewed in 
electronic or paper form in Room MP-500 of the Board's Martin Building 
(20th and C Streets, NW.) between 9 a.m. and 5 p.m. on weekdays.
    OCC: You may submit comments by any of the following methods:
    E-mail: regs.comments@occ.treas.gov.
    Fax: (202) 874-5274.
    Mail: Office of the Comptroller of the Currency, 250 E Street, SW., 
Mail Stop 2-3, Washington, DC 20219.
    Hand Delivery/Courier: 250 E Street, SW., Attn: Public Information 
Room, Mail Stop 2-3, Washington, DC 20219.
    Instructions: You must include ``OCC'' as the agency name and 
``Docket ID OCC-2009-0013'' in your comment. In general, OCC will enter 
all comments received into the docket without change, including any 
business or personal information that you provide such as name and 
address information, e-mail addresses, or phone numbers. Comments, 
including attachments and other supporting materials, received are part 
of the public record and subject to public disclosure. Do not enclose 
any information in your comment or supporting materials that you 
consider confidential or inappropriate for public disclosure.
    You may review comments and other related materials by any of the 
following methods:
    Viewing Comments Personally: You may personally inspect and 
photocopy comments at the OCC, 250 E Street, SW., Washington, DC. For 
security reasons, the OCC requires that visitors make an appointment to 
inspect comments. You may do so by calling (202) 874-4700. Upon 
arrival, visitors will be required to present valid government-issued 
photo identification and submit to security screening in order to 
inspect and photocopy comments. You may also view or request available 
background documents and project summaries using the methods described 
above.
    OTS: You may submit comments, identified by docket number ID OTS-
2009-0016, by any of the following methods:
    E-mail: regs.comments@ots.treas.gov. Please include ID OTS-2009-
0016 in the subject line of the message and include your name and 
telephone number in the message.
    Fax: (202) 906-6518.
    Mail: Regulation Comments, Chief Counsel's Office, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552, Attention: ID 
OTS-2009-0016.
    Hand Delivery/Courier: Guard's Desk, East Lobby Entrance, 1700 G 
Street, NW., from 9 a.m. to 4 p.m. on business days, Attention: 
Regulation Comments, Chief Counsel's Office, Attention: ID OTS-2009-
0016.
    Instructions: All submissions received must include the agency name 
and docket number for this notice. All comments received will be 
entered into the docket without change, including any personal 
information provided. Comments including attachments and other 
supporting materials received are part of the public record and subject 
to public disclosure. Do not enclose any information in your comments 
or supporting materials that you consider confidential or inappropriate 
for public disclosure.
    Viewing Comments On-Site: You may inspect comments at the Public 
Reading Room, 1700 G Street, NW., by appointment. To make an 
appointment for access, call (202) 906-5922, send an e-mail to 
public.info@ots.treas.gov">public.info@ots.treas.gov, or send a facsimile transmission to (202) 
906-6518. (Prior notice identifying the materials you will be 
requesting will assist us in serving you.) We schedule appointments on 
business days between 10 a.m. and 4 p.m. In most cases,

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appointments will be available the next business day following the date 
we receive a request.

FOR FURTHER INFORMATION CONTACT: FDIC: Beverlea S. Gardner, Senior 
Examination Specialist, Division of Supervision and Consumer 
Protection, (202) 898-3640; or Mark G. Flanigan, Counsel, Legal 
Division, (202) 898-7426.
    FRB: Barbara J. Bouchard, Associate Director, (202) 452-3072; or 
Craig A. Luke, Supervisory Financial Analyst, Supervisory Guidance and 
Procedures, 202-452-6409. For users of Telecommunications Device for 
the Deaf (``TDD'') only, contact (202) 263-4869.
    OCC: Fred D. Finke, Liaison, Midsize-Community Bank Supervision, 
(202) 874-4468; or Kurt S. Wilhelm, Director, Financial Markets Group, 
(202) 874-4479.
    OTS: Lori J. Quigley, Managing Director, Supervision, (202) 906-
6265; or William J. Magrini, Senior Project Manager of Credit Policy, 
(202) 906-5744.

SUPPLEMENTARY INFORMATION: On September 25, 2009, the Agencies 
published for comment proposed guidance entitled ``Correspondent 
Concentration Risks'' (Proposed Guidance) 74 FR 48955. The Proposed 
Guidance stated that any comments on the proposal must be submitted on 
or before October 26, 2009. In response to requests for an extension of 
the comment period, the Agencies have decided to reopen the comment 
period on the Proposed Guidance for 30 days. The comment period will 
now run through November 27, 2009.

    Dated at Washington, DC, the 2nd day of November, 2009.

    By order of the Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
    By order of the Board of Governors of the Federal Reserve 
System, acting through the Secretary of the Board under delegated 
authority, October 30, 2009.
Robert deV. Frierson,
Deputy Secretary of the Board.
    Dated: October. 27, 2009.

    Office of the Comptroller of the Currency.
John C. Dugan,
Comptroller of the Currency.
    Dated: October 28, 2009.

    By the Office of Thrift Supervision.
John E. Bowman,
Acting Director.
[FR Doc. E9-27069 Filed 11-9-09; 8:45 am]
BILLING CODE 6714-01-P, 6210-01-P, 4810-33-P, 6720-01-P