In action related to the removal of credit ratings from the Office of the Comptroller of the Currency (OCC) investment securities regulation, discussed in this issue of Corporate and Financial Weekly Digest, all three federal bank regulatory agencies, the OCC, the Federal Reserve, and the Federal Deposit Insurance Corporation, announced on December 7 they are seeking comment on a notice of proposed rulemaking (NPR) that would amend an earlier NPR announced in December 2010.

In action related to the removal of credit ratings from the Office of the Comptroller of the Currency (OCC) investment securities regulation, discussed in this issue of Corporate and Financial Weekly Digest, all three federal bank regulatory agencies, the OCC, the Federal Reserve, and the Federal Deposit Insurance Corporation, announced on December 7 they are seeking comment on a notice of proposed rulemaking (NPR) that would amend an earlier NPR announced in December 2010. The initial NPR proposed modifications to the agencies’ market risk capital rules for banking organizations with significant trading activities...