On February 20, 2015, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency announced that they are seeking comment on banking operations regulations, capital regulations and the Community Reinvestment Act to identify "outdated or unnecessary regulations" that apply to insured depository institutions. Comments are due by May 14, 2015. Over the coming year, the regulators will publish requests for comments for nine additional categories of regulation.
The Federal Register notice is available at: http://www.gpo.gov/fdsys/pkg/FR-2015-02-13/pdf/2015-02998.pdf.
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