Federal Regulators Reopen Comment Period for Correspondent Concentration Risks Guidance

The following press release was published by the Board of Governors of the Federal Reserve System on Nov. 12, 2009. It is reproduced in full below.

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 Nov. 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)

Source: Board of Governors of the Federal Reserve System