[Federal Register Volume 88, Number 122 (Tuesday, June 27, 2023)]
[Proposed Rules]
[Page 41510]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-13648]


 ========================================================================
 Proposed Rules
                                                 Federal Register
 ________________________________________________________________________
 
 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.
 
 ========================================================================
 

  Federal Register / Vol. 88 , No. 122 / Tuesday, June 27, 2023 / 
Proposed Rules  

[[Page 41510]]



FINANCIAL STABILITY OVERSIGHT COUNCIL

12 CFR Part 1310

[Docket No. FSOC-2023-0002]


Authority To Require Supervision and Regulation of Certain 
Nonbank Financial Companies

AGENCY: Financial Stability Oversight Council

ACTION: Proposed interpretive guidance; extension of comment period.

-----------------------------------------------------------------------

SUMMARY: The Financial Stability Oversight Council (Council) is 
extending by 30 days the comment period on its proposed interpretive 
guidance, which would replace the Council's existing interpretive 
guidance on nonbank financial company determinations and which 
describes the process the Council intends to take in determining 
whether to subject a nonbank financial company to supervision and 
prudential standards by the Board of Governors of the Federal Reserve 
System. The comment period will now close on July 27, 2023.

DATES: Comment due date: July 27, 2023.

ADDRESSES: You may submit comments by either of the following methods. 
All submissions must refer to the document title and docket number 
FSOC-2023-0002.
    Electronic Submission of Comments: You may submit comments 
electronically through the Federal eRulemaking Portal at https://www.regulations.gov. Electronic submission of comments allows the 
commenter maximum time to prepare and submit a comment, ensures timely 
receipt, and enables the Council to make them available to the public. 
Comments submitted electronically through the https://www.regulations.gov website can be viewed by other commenters and 
interested members of the public. Commenters should follow the 
instructions provided on that site to submit comments electronically.
    Mail: Send comments to Financial Stability Oversight Council, Attn: 
Eric Froman, 1500 Pennsylvania Avenue NW, Room 2308, Washington, DC 
20220.
    All properly submitted comments will be available for inspection 
and downloading at https://www.regulations.gov.
    In general, comments received, including attachments and other 
supporting materials, are part of the public record and are available 
to the public. Do not submit any information in your comment or 
supporting materials that you consider confidential or inappropriate 
for public disclosure.

FOR FURTHER INFORMATION CONTACT: Eric Froman, Office of the General 
Counsel, Treasury, at (202) 622-1942; Devin Mauney, Office of the 
General Counsel, Treasury, at (202) 622-2537; or Carol Rodrigues, 
Office of the General Counsel, Treasury, at (202) 622-6127.

SUPPLEMENTARY INFORMATION: On April 28, 2023, at 88 FR 26234 the 
Council published in the Federal Register proposed interpretive 
guidance describing the process the Council intends to take in 
determining whether to subject a nonbank financial company to 
supervision and prudential standards by the Board of Governors of the 
Federal Reserve System (Proposed Guidance). Comments on the Proposed 
Guidance were originally due on June 27, 2023.
    The Council has received a request to extend the comment period to 
allow interested parties additional time to review and comment on the 
Proposed Guidance. The Council is therefore extending the comment 
period on the Proposed Guidance by 30 days to July 27, 2023.

    Dated: June 22, 2023.
Sandra Lee,
Deputy Assistant Secretary, Financial Stability Oversight Council.
[FR Doc. 2023-13648 Filed 6-26-23; 8:45 am]
BILLING CODE 4810-AK-P-P