2010-11176. Assessments

AGENCY:

Federal Deposit Insurance Corporation (FDIC).

ACTION:

Clarification of notice of proposed rulemaking and request for comment.

SUMMARY:

The FDIC proposes to amend 12 CFR part 327 to revise the assessment system applicable to large institutions to better differentiate institutions by taking a more forward-looking view of risk; to better take into account the losses that the FDIC will incur if an institution fails; to revise the initial base assessment rates for all insured depository institutions; and to make technical and other changes to the rules governing the risk-based assessment system.

DATES:

Comments on the notice of proposed rulemaking published May 3, 2010 (75 FR 23516) must be received by July 2, 2010.

ADDRESSES:

You may submit comments, identified by RIN number, by any of the following methods:

• Agency Web site: http://www.fdic.gov/​regulations/​laws/​federal/​propose.html. Follow instructions for submitting comments on the Agency Web Site.
• E-mail: [e-mail]. Include the RIN number 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.

Instructions: All submissions received must include the agency name and RIN for this rulemaking. Comments will be posted only to the extent practicable and, in some instances, the FDIC may post summaries of categories of comments, with the comments themselves available in the FDIC's reading room. Comments will be posted at: http://www.fdic.gov/​regulations/​laws/​federal/​propose.html,, including any personal information provided with the comment.

FOR FURTHER INFORMATION CONTACT:

Lisa Ryu, Chief, Large Bank Pricing Section, Division of Insurance and Research, [phone]; Heather L. Etner, Financial Analyst, Banking and Regulatory Policy Section, Division of Insurance and Research, [phone]; Robert L. Burns, Chief, Exam Support and Analysis, Division of Supervision and Consumer Protection [phone] x 4215; Christopher Bellotto, Counsel, Legal Division, [phone]; Sheikha Kapoor, Senior Attorney, Legal Division, [phone].

SUPPLEMENTARY INFORMATION:

On May 3, 2010, the Federal Deposit Insurance Corporation published a Notice of Proposed Rulemaking and Request for Comment relating to Assessments in the Federal Register. The due date for comments was inadvertently expressed as 60 days following publication, instead of the correct date of July 2, 2010.

Dated at Washington, DC, this 6th day of May 2010.

Federal Deposit Insurance Corporation.

Robert E. Feldman,

Executive Secretary.