FEDERAL RESERVE SYSTEM ISSUES PROPOSED RULE: LOANS TO EXECUTIVE OFFICERS, DIRECTORS, AND PRINCIPAL SHAREHOLDERS OF MEMBER BANKS: BANK HOLDING COMPANIES

WASHINGTON, Oct. 7 -- Federal Reserve System has issued a proposed rule called: Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks: Bank Holding Companies.

The proposed rule was published in the Federal Register on Oct. 7 by Benjamin W. McDonough, Secretary of the Board.

Summary: On August 4, 2026, the Board of Governors of the Federal Reserve System (Board) published in the Federal Registera proposal that would update Regulation O, the Board's rule governing loans by member banks to their insiders and insiders of their affiliates. The proposal provided for a comment period ending on October 5, 2026. The Board is extending the comment period for 30 days, until November 4, 2026.

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