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Golden Parachute and Indemnification Payments

Publication Details
Type
Proposed Rulemaking
Federal Register Publish Date
05/14/2013
Comment End Date
07/15/2013
Comment Status
Closed
Rulemaking Details
Rulemaking

Golden Parachute and Indemnification Payments

Contact Information

​Alfred M. Pollard, General Counsel, (202) 649-3050, Alfred.Pollard@fhfa.gov, or Lindsay Simmons, Assistant General Counsel, (202) 649-3066, Lindsay.Simmons@fhfa.gov (not toll- free numbers). 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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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

SUMMARY: The Federal Housing Finance Agency (FHFA) is re-proposing the Golden Parachute and Indemnification Payments proposed rule that was published in the Federal Register on June 29, 2009 (the Proposal). Specifically, FHFA is addressing content set forth in the Proposal, both in the Supplementary Information and the regulatory text, which relates to prohibited and permissible golden parachute payments to entity-affiliated parties in connection with the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Federal Home Loan Banks, and the Office of Finance of the Federal Home Loan Bank System. This proposed rule (the ''Re-proposal'') solicits comments on the appropriate treatment of golden parachute arrangements entered into before the effective date of the rule. Additionally, this Re-proposal responds to public comments received by FHFA on the golden parachute provisions, and provides clarification regarding coverage of retirement plans, which were the subject of significant concern expressed in the comments.

DATES: Written comments on this proposed rule must be received on or before July 15, 2013. For additional information, see SUPPLEMENTARY INFORMATION.


Public Comments people-icon

Below are a compilation of public comments made on this publication.

2 items
Date Sort ascending First Name Last Name Organization Comment
Gary F. Garczynski Federal Home Loan Bank of Atlanta Mark E. Macomber, Federal Home Loan Bank of Boston; Steven F. Rosenbau…View Comment
Email: N/A
Attachment: View Attachment
Jean Public N/A View CommentView Comment Email: N/A
Attachment: View Attachment