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Board of Governors of the Federal Reserve System
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Federal Reserve Board of Governors

Joint Press Release

Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
Office of Thrift Supervision
For immediate release
November 12, 2009

Federal Regulators Reopen Comment Period for Correspondent Concentration Risks Guidance

The federal bank and thrift regulatory agencies announce today they are reopening the comment period on proposed guidance on correspondent concentration risks, originally published on September 25. The comment period will be open until November 27, 2009, an additional 30 days after the original comment period closed.

A copy of the proposed guidance, along with the notice to reopen the comment period, are attached.

Federal Register notice: HTML | 62 KB PDF

Federal Register notice: HTML | 45 KB PDF (Reopening of Comment Period)

Media Contacts:
Federal Reserve Barbara Hagenbaugh 202-452-2955
FDIC David Barr 202-898-6992
OCC Bryan Hubbard 202-874-5770
OTS William Ruberry 202-906-6677
Last update: November 12, 2009