Rules and Regulations. Notice of extension of comment period

Agency: Office of Thrift Supervision, Treasury
Action: Notice of extension of comment period
Citation: 66 FR (No. 236) · FR Doc. 01-30306 · RIN 1550-AB52 · No. 2001-76 · 12 CFR 584

Summary

The Office of Thrift Supervision is extending the comment period for the proposed rule published on November 8, 2001. The proposed rule would clarify what financial activities are authorized for certain savings and loan holding companies after the Gramm-Leach-Bliley Act. This extension will allow interested persons until January 10, 2002 to provide comments on the proposed rule.

Dates

Comments must be received by January 10, 2002.

Supplementary Information

On November 8, 2001, OTS published a proposed rule on financial activities that are authorized for certain savings and loan holding companies after the Gramm-Leach-Bliley Act (66 FR 56488). That rule required interested persons to submit their comments by December 10, 2001. During the comment period, OTS received a written request to extend the comment period until January 10, 2002. The requestor, an association representing financial organizations, sought an extension to permit its member institutions to have time to review the proposal, consider its implications, and develop meaningful comments. In response to this request, OTS is extending the comment period for the proposed rule until January 10, 2002. This will allow time for the requestor and other interested persons to develop and submit comments on the proposed rule. OTS encourages e-mail or facsimile submissions to ensure that it receives comments in a timely manner, in light of recent experience with postal service interruptions in the Washington, DC area. Dated: December 3, 2001. By the Office of Thrift Supervision. Ellen Seidman, Director. [FR Doc. 01-30306 Filed 12-6-01; 8:45 am]