Regulatory Capital Rule: Large Banking Organizations and Banking Organizations With Significant Trading Activity; Extension of Comment Period

Document 2023-23671 is a Proposed Rule published by the Federal Reserve System in the Federal Register on October 27, 2023. On September 18, 2023, the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (collectively, the agencies) published in the Federal Register a proposal to substantially revise the capital requirements applicable to large banking organizations and to banking organizations with significant trading activity. The agencies have determined that an extension of the comment period until January 16, 2024, is appropriate. View the original at https://www.federalregister.gov/documents/2023/10/27/2023-23671/regulatory-capital-rule-large-banking-organizations-and-banking-organizations-with-significant.

No. Document 2023-23671 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.