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TREAS/OCC RIN: 1557-AE47 Publication ID: Spring 2019 
Title: Volcker Community Bank Relief and Removal of Name Restriction 
Abstract:

The OCC, FRB, FDIC, SEC, and CFTC issued a proposed rule to implement sections 203 and 204 of EGRRCPA. Pursuant to section 203 of EGRRCPA, OCC-supervised institutions with total consolidated assets of $10 billion or less generally are not banking entities within the scope of section 13 of the Bank Holding Company Act (BHCA), if their trading assets and trading liabilities do not exceed 5 percent of their total consolidated assets, and they are not controlled by a company that has total consolidated assets over $10 billion or total trading assets and trading liabilities that exceed 5 percent of total consolidated assets. In addition, section 204 of EGRRCPA revises the statutory provisions related to the naming of covered funds.

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 44   
Legal Authority: 7 U.S.C. 27 et seq.    12 U.S.C. 1 et seq.    12 U.S.C. 24    12 U.S.C. 92a    12 U.S.C. 93a    12 U.S.C. 161    12 U.S.C. 1461    12 U.S.C. 1462a    12 U.S.C. 1463    12 U.S.C. 1464    12 U.S.C. 1467a    12 U.S.C. 1813q    12 U.S.C. 1818    12 U.S.C. 1851    12 U.S.C. 3101    12 U.S.C. 3102    12 U.S.C. 3108    12 U.S.C. 5412   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  02/08/2019  84 FR 2778   
NPRM Comment Period End  04/09/2019 
Final Rule  08/00/2019 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.regulations.gov/docket?D=OCC-2018-0029   Public Comment URL: https://www.regulations.gov/docket?D=OCC-2018-0029  
RIN Data Printed in the FR: No 
Agency Contact:
Tabitha Edgens
Counsel
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-6534
Email: tabitha.edgens@occ.treas.gov

Mark O'Horo
Senior Attorney
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-7821
Email: mark.o'horo@occ.treas.gov