[Federal Register Volume 75, Number 55 (Tuesday, March 23, 2010)]
[Proposed Rules]
[Page 13682]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-6292]


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 Proposed Rules
                                                 Federal Register
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 This section of the FEDERAL REGISTER contains notices to the public of 
 the proposed issuance of rules and regulations. The purpose of these 
 notices is to give interested persons an opportunity to participate in 
 the rule making prior to the adoption of the final rules.
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  Federal Register / Vol. 75, No. 55 / Tuesday, March 23, 2010 / 
Proposed Rules  

[[Page 13682]]



FARM CREDIT ADMINISTRATION

12 CFR Part 652

RIN 3052-AC51


Federal Agricultural Mortgage Corporation Funding and Fiscal 
Affairs; Risk-Based Capital Requirements

ACTION: Proposed rule; reopening of comment period.

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SUMMARY: The Farm Credit Administration (FCA) Board reopens the comment 
period on the proposed rule that would revise risk-based capital 
requirements for the Federal Agricultural Mortgage Corporation (Farmer 
Mac or Corporation), so that interested parties will have additional 
time to provide comments.

DATES: Please send your comments to us on or before April 22, 2010.

ADDRESSES: We offer a variety of methods for you to submit comments on 
this proposed rule. For accuracy and efficiency reasons, commenters are 
encouraged to submit comments by e-mail or through the Agency's Web 
site. As facsimiles (fax) are difficult for us to process and achieve 
compliance with section 508 of the Rehabilitation Act, we are no longer 
accepting comments submitted by fax. Regardless of the method you use, 
please do not submit your comment multiple times via different methods. 
You may submit comments by any of the following methods:
     E-mail: Send us an e-mail at [email protected].
     FCA Web site: http://www.fca.gov. Select ``Public 
Commenters,'' then ``Public Comments,'' and follow the directions for 
``Submitting a Comment.''
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Mail: Joseph T. Connor, Associate Director for Policy and 
Analysis, Office of Secondary Market Oversight, Farm Credit 
Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090.
    You may review copies of all comments we receive at our office in 
McLean, Virginia, or on our Web site at http://www.fca.gov. Once you 
are in the Web site, select ``Public Commenters,'' then ``Public 
Comments,'' and follow the directions for ``Reading Submitted Public 
Comments.'' We will show your comments as submitted, but for technical 
reasons we may omit items such as logos and special characters. 
Identifying information that you provide, such as phone numbers and 
addresses, will be publicly available. However, we will attempt to 
remove e-mail addresses to help reduce Internet spam.

FOR FURTHER INFORMATION CONTACT:  Joseph T. Connor, Associate Director 
for Policy and Analysis, Office of Secondary Market Oversight, Farm 
Credit Administration, McLean, VA 22102-5090, (703) 883-4280, TTY (703) 
883-4434; or Laura McFarland, Senior Counsel, Office of the General 
Counsel, Farm Credit Administration, McLean, VA 22102-5090, (703) 883-
4020, TTY (703) 883-4020.

SUPPLEMENTARY INFORMATION: On January 22, 2010, FCA published a 
proposed rule in the Federal Register to amend regulations in part 652 
that establish a risk-based capital stress test for the Corporation as 
required by section 8.32 of the Farm Credit Act of 1971, as amended (12 
U.S.C. 2279bb-1). See 75 FR 3647, January 22, 2010. The comment period 
is scheduled to expire on March 8, 2010. Farmer Mac has requested us to 
provide more time for comments to be submitted and specifically asked 
for at least an additional 30 days. In response to this request, we are 
reopening the comment period for an additional 30 days. The FCA 
supports public involvement and participation in its regulatory process 
and invites all interested parties to review and provide comments on 
the proposed rule.

    Dated: March 17, 2010.
Roland E. Smith,
Secretary, Farm Credit Administration Board.
[FR Doc. 2010-6292 Filed 3-22-10; 8:45 am]
BILLING CODE 6705-01-P