Each depositor insured to at least $250,000 per insured bank



Home > Regulation & Examinations > Laws & Regulations > FDIC Federal Register Citations




FDIC Federal Register Citations

[Federal Register: October 24, 2008 (Volume 73, Number 207)]
[Proposed Rules]
[Page 63406-63407]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr24oc08-23]

=======================================================================

FEDERAL DEPOSIT INSURANCE CORPORATION

12 CFR Part 360

Processing of Deposit Accounts in the Event of an Insured
Depository Institution Failure and Large-Bank Deposit Insurance
Determination Modernization; Limited Opportunity To Resubmit Comment

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of limited opportunity to resubmit comment.

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

SUMMARY: The FDIC invites the commenter who filed a public comment at
http://www.regulations.gov on April 14, 2008, relating to the FDIC's
Notice of Proposed Rulemaking involving ``Processing of Deposit
Accounts in the Event of an Insured Depository Institution Failure and
Large-Bank Deposit Insurance Determination Modernization'' to resubmit
to the FDIC his or her comment relating to this action. We are taking
this action because due to a technical software error, a public comment
submitted via http://www.regulations.gov was not transmitted to the
FDIC. Therefore, the FDIC will provide this commenter with a limited
opportunity to resubmit his or her comment to the FDIC on or before
November 24, 2008.

DATES: The commenter whose comment was not transmitted to the FDIC in
accordance with the situation described above may resubmit his or her
comment on or before November 24, 2008.

ADDRESSES: The affected commenter may submit his or her comment by any
of the following methods:
Federal eRulemaking Portal: http://www.regulations.gov.
Follow the instructions for submitting comments.
Agency Web Site: http://www.FDIC.gov/regulations/laws/federal.
Follow instructions for submitting comments on the FDIC's Web Site.
E-mail: Comments@FDIC.gov. Include ``Resubmitted
Comments'' in the subject line of the message.
Mail: Robert E. Feldman, Executive Secretary, Attention:
Comments, Federal Deposit Insurance Corporation, 550 17th Street, NW.,
Washington, DC 20429
Hand Delivery/Courier: Guard Station at the rear of the
550 17th Street Building (located on F Street) on business days between
7 a.m. and 5 p.m. (EST).
Public Inspection: All comments received will be posted
without change to http://www.fdic.gov/regulations/laws/federal/
including any personal information provided. Paper copies of public
comments may be ordered from the Public Information Center by telephone
at (877) 275-3342 or (703) 562-2200.

FOR FURTHER INFORMATION CONTACT: A. Ann Johnson, Counsel, Legal
Division, (202) 898-3573 or aajohnson@fdic.gov.

SUPPLEMENTARY INFORMATION: In January 2003, the interagency eRulemaking
Program launched http://www.regulations.gov to provide citizens with an
online portal to learn about proposed regulations and to submit their
comments on the rulemaking process. For the first time, American
citizens could access and comment on all proposed Federal regulations
from a single Web site.

A software problem at http://www.regulations.gov resulted in the
non-transmittal of public comments to some federal agencies from March
22,

[[Page 63407]]

2008 through September 8, 2008. The software error affected only a few
federal agencies, one of which was the FDIC. The FDIC has been assured
that the software problem has been corrected and that safeguards are
now in place to ensure this error will not occur for future
rulemakings.\1\
---------------------------------------------------------------------------

\1\ Questions about the Federal eRulemaking Portal may be
directed to John Moses, Chief, eRulemaking Program Branch,
Environmental Protection Agency, 1200 Pennsylvania Ave., NW.,
Washington, DC 20460, (202) 566-1352, Moses.John@epamail.epa.gov.
---------------------------------------------------------------------------

Specifically, because of the software problem, the FDIC has been
notified that a total of two public comments relevant to FDIC
rulemakings were filed using the Federal eRulemaking Portal at http://
www.regulations.gov, but were not submitted to the FDIC.\2\ The FDIC
was advised that one of the missing comments was filed on April 14,
2008. This comment related to the FDIC's Notice of Proposed Rulemaking
involving ``Processing of Deposit Accounts in the Event of an Insured
Depository Institution Failure and Large-Bank Deposit Insurance
Determination Modernization.'' \3\ The Federal eRulemaking Portal at
http://www.regulations.gov has been unable to retrieve this comment or
identify the commenter.
---------------------------------------------------------------------------

\2\ The other missing comment was filed on July 9, 2008. This
missing comment related to the FDIC's Interim Final Rule and Request
for Comment involving ``Financial Education Programs That Include
the Provision of Bank Products and Services.'' 73 FR 35337 (June 23,
2008). The FDIC subsequently finalized this interim final rule. 73
FR 55431 (Sept. 25, 2008). The commenter whose comment was not
received by the FDIC and which is related to that rulemaking is
invited to submit his or her comment to the FDIC through procedures
outlined in a second Notice of Limited Opportunity to Resubmit
Comment published by the FDIC in the Federal Register on October 24,
2008.
\3\ See Notice of Proposed Rulemaking involving ``Processing of
Deposit Accounts in the Event of an Insured Depository Institution
Failure and Large-Bank Deposit Insurance Determination
Modernization.'' 73 FR 2364 (Jan. 14, 2008). The FDIC subsequently
bifurcated the proposed rule, and published an Interim Rule with
Request for Comments relating to the ``Processing of Deposit
Accounts in the Event of an Insured Depository Institution Failure''
(73 FR 41170 (July 17, 2008)) and a Final Rule relating to ``Large-
Bank Deposit Insurance Determination Modernization'' (73 FR 41180
(July 17, 2008)).
---------------------------------------------------------------------------

The FDIC considered all public comments relating to the proposed
rule and posted the comments for public review on its Web site at
http://www.fdic.gov/regulations/laws/federal/. In large measure, the
proposed rule has been finalized. To ensure fairness in its rulemaking
process, however, the FDIC invites the commenter to resubmit his or her
comment if they (1) Commented about either of this proposed rule on the
date indicated, (2) used the Federal eRulemaking Portal to file their
original comments, and (3) do not believe that their comment was
received by the FDIC. If a commenter is unsure whether his or her
comment was received by the FDIC, the commenter may verify receipt of
the comment by checking the FDIC's Web site for the comment at http://
www.fdic.gov/regulations/laws/federal/ or by contacting the FDIC's
Public Information Center using the contact information indicated
above.

Dated the 20th of October 2008.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. E8-25376 Filed 10-23-08; 8:45 am]

BILLING CODE 6714-01-P

 


Last Updated 10/24/2008 Regs@fdic.gov