Banking & Finance

Community Reinvestment Act Regulations: Technical Amendment to Asset Thresholds

The OCC, Board, FDIC, and OTS jointly issued a technical amendment to their Community Reinvestment Act (CRA) regulations. This amendment adjusts the asset-size thresholds used to define 'small bank' and 'intermediate small bank' based on the annual percentage change in the Consumer Price Index.

OTS Proposed Rule on Basel II Capital Standards

The Office of Thrift Supervision (OTS) has proposed amendments to its advanced risk-based capital adequacy standards to align with the Dodd-Frank Act. The proposal also seeks to provide limited flexibility in general risk-based capital rules for certain assets not typically held by depository institutions.

United States Mint Revises Coin Exchange Regulations

The United States Mint has issued a final rule amending Treasury regulations concerning the exchange of uncurrent, bent, partial, fused, and mixed coins. The revisions update redemption rates and procedures to enhance the integrity of coin processing and comply with codification requirements.

US Mint Ends Regulations for Bent, Partial, Fused Coins

The United States Mint is removing Treasury regulations that allowed for the exchange of bent, partial, and fused coins. This action effectively ends the program for redeeming such coins, citing increased difficulties in authentication and program integrity.

US Mint Proposed Rule on Coin Exchange

The United States Mint has proposed revisions to its regulations concerning the exchange of uncurrent, bent, partial, fused, and mixed coins. These proposed updates aim to enhance the integrity of the coin acceptance and processing procedures and include revised redemption rates and new certification and submission requirements for participants.

US Mint withdraws proposed rule ending coin exchange program

The United States Mint has withdrawn its proposed rule to end the exchange program for bent and partial coins. This action follows a proposed rulemaking from May 2021. The Mint cited increased volume, authentication difficulties, and operational losses as reasons for closing the program.

US Mint Proposes Rule for Coin Exchange

The United States Mint has proposed a rule to revise regulations concerning the exchange of uncurrent, bent, partial, fused, and mixed coins. The proposed changes aim to enhance the integrity of the redemption process and prevent fraud, including establishing weight and shipment limits for coin submissions.

SEC Proposes Rule Change for NYSE American Options Trading

The SEC is seeking public comment on a proposed rule change by NYSE American LLC to facilitate the transfer and trading of options based on the MSCI EAFE Index and MSCI Emerging Markets Index. This proposal aims to align NYSE American's rules with those of CBOE for these specific index options.

SEC Proposes Rule Changes for Cboe Exchange Bitcoin and Ethereum ETF Options

The SEC is seeking public comment on a proposed rule change by Cboe Exchange, Inc. to amend rules regarding options on Bitcoin and Ethereum Exchange-Traded Funds. The proposed changes affect criteria for underlying securities, FLEX option classes, and position/exercise limits.

SEC Proposes Extension of Information Collection for Going Private Transactions

The SEC has submitted a request to the Office of Management and Budget (OMB) for the extension of an existing information collection (OMB Control No. 3235-0007) related to Rule 13e-3 and Schedule 13E-3 concerning going private transactions. The agency is also requesting that this collection be designated as a 'common form'.