![](/img/client_headers/Orrick/FinancialBlog.jpg)
On February 22, the Fed extended, until April 30, the comment period on a proposed rule to implement the enhanced prudential standards and early remediation requirements under Sections 165 and 166 of the Dodd-Frank Act for foreign banking organizations and foreign nonbank financial companies supervised by the Fed. Comments were originally due by March 31. Fed Release.