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    <abstract>The Federal Housing Finance Agency (FHFA) is adopting a final regulation on the eligibility and election of Federal Home Loan Bank (Bank) directors. The final rule implements section 1202 of the Housing and Economic Recovery Act of 2008, which amended section 7 of the Federal Home Loan Bank Act (Bank Act) as it relates to the eligibility and election of individuals to serve on the boards of directors of the Banks.</abstract>
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        <topic>Banks</topic>
        <topic>Banking</topic>
        <topic>Conflicts of Interest</topic>
        <topic>Elections</topic>
        <topic>Ethical Conduct</topic>
        <topic>Federal Home Loan Banks</topic>
        <topic>Financial Disclosure</topic>
        <topic>Reporting and Recordkeeping Requirements</topic>
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        <summary>The Federal Housing Finance Agency (FHFA) is adopting a final regulation on the eligibility and election of Federal Home Loan Bank (Bank) directors. The final rule implements section 1202 of the Housing and Economic Recovery Act of 2008, which amended section 7 of the Federal Home Loan Bank Act (Bank Act) as it relates to the eligibility and election of individuals to serve on the boards of directors of the Banks.</summary>
        <dates>This final rule will become effective on November 6, 2009.</dates>
        <contact>Thomas P. Jennings, Senior Attorney Advisor, thomas.jennings@fhfa.gov, (202) 414-8948; or Patricia L. Sweeney, Management Analyst, pat.sweeney@fhfa.gov, (202) 408-2872.</contact>
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            <subject>Conflicts of Interest</subject>
                                    
            <subject>Elections</subject>
                                    
            <subject>Ethical Conduct</subject>
                                    
            <subject>Federal Home Loan Banks</subject>
                                    
            <subject>Financial Disclosure</subject>
                                    
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