The public will have an additional 30 days to comment on an advance notice of proposed rulemaking regarding physical commodity activities conducted by financial holding companies, the Federal Reserve Board said Thursday. Comments are now due April 16, 2014.
The Board is considering whether additional restrictions would help ensure that physical commodities activities of financial holding companies are conducted in a safe and sound manner and do not pose a threat to financial stability. The Board extended the comment period to allow interested persons more time to analyze the issues and prepare their comments.
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