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Suspended Counterparty Program Re-proposed Rule

Publication Details
Type
Proposed Rulemaking
Document Number
RIN-2590-AB23
Comment Open Date
09/25/2024
Comment Status
Open
View Documents:
Rulemaking Details
Rulemaking

Suspended Counterparty Program Re-proposed Rule

Contact Information

FOR FURTHER INFORMATION CONTACT:  Karen Heidel, Assistant General Counsel, Office of General Counsel, Karen.Heidel@fhfa.gov, (202) 738-7753; or Joseph Germany, Honors Counsel, Office of General Counsel, Joseph.Germany@fhfa.gov, (202) 649-3643.  These are not toll-free numbers.  For TTY/TRS users with hearing and speech disabilities, dial 711 and ask to be connected to any of the contact numbers above.

Summary

SUMMARY:  On July 21, 2023, the Federal Housing Finance Agency (FHFA) published a proposed rule to amend its Suspended Counterparty Program (SCP) regulation by expanding the categories of covered misconduct on which a suspension could be based to include sanctions arising from certain forms of civil enforcement.  After reviewing the comments and reconsidering the proposed rule’s substantive and procedural amendments, FHFA has determined that a number of material changes to the rule are necessary.  Therefore, it is publishing this second proposed rule.

DATES:  Written comments must be received within 60 days of the Proposed Rules's publication in the Federal Register.

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