Golden Parachute and Indemnification Payments
Golden Parachute Payments and Indemnification Payments
FOR FURTHER INFORMATION CONTACT: Alfred M. Pollard, General Counsel, telephone (202) 414-3788; or Christopher Curtis, General Counsel, telephone (202) 408-2802 (not toll-free numbers), Federal Housing Finance Agency, Fourth Floor, 1700 G Street, NW., Washington, DC 20552. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.
SUMMARY: The Federal Housing Finance Agency (FHFA) is proposing to amend the interim final Golden Parachute Payments regulation published in the Federal Register on September 16, 2008 (73 FR 53356), and as corrected on September 19, 2008 (73 FR 54309), and on September 23, 2008 (73 FR 54673). This proposed amendment addresses prohibited and permissible indemnification payments with regard to any administrative proceeding brought by the FHFA against an entity affiliated party of the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, and the Federal Home Loan Banks in light of the statutory requirements set forth in 12 U.S.C. 4514(e), as amended by the Housing and Economic Recovery Act of 2008.
DATES: Written comments on the proposed amendment to the Interim Final Regulation must be received on or before December 29, 2008. For additional information, see SUPPLEMENTARY INFORMATION.
Public Comments
Below are a compilation of public comments made on this publication.
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