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Legal Status

Proposed Rule

You may be interested in this older document that published on 06/11/2021 with action 'Proposed rule, request for comment.'

Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire (Regulation J), Extension of Comment Period

A Proposed Rule by the Federal Reserve System on 08/06/2021

Document Details
Published Content - Document Details

Agency

Federal Reserve System

Agency/Docket Numbers

Regulation J

Docket No. R-1750

CFR

12 CFR 210

Document Citation

86 FR 43143

Document Number

2021-16826

Document Type

Proposed Rule

Pages

43143-43144 (2 pages)

Publication Date

08/06/2021

RIN

7100-AG16

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Document Details
Published Content - Document Details

Agency

Federal Reserve System

Agency/Docket Numbers

Regulation J

Docket No. R-1750

CFR

12 CFR 210

Document Citation

86 FR 43143

Document Number

2021-16826

Document Type

Proposed Rule

Pages

43143-43144 (2 pages)

Publication Date

08/06/2021

RIN

7100-AG16

Published Content - Document Details
Document Dates
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Comments Close

09/09/2021

Effective Date

2021-06-11

Dates Text

For the notice of proposed rulemaking published on June 11, 2021 (86 FR 31376), comments must be received by September 9, 2021.

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Related Documents

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FederalRegister.gov uses the agency dockets published with the document to display related documents.

Docket No. R-1750 (2 Documents)
Date		Action	Title
	08/06/2021	Notice of proposed rulemaking; extension of comment period.	Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire (Regulation J), Extension of Comment Period
	06/11/2021	Proposed rule, request for comment.	Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire

Regulation J (17 Documents)
Date		Action	Title
	08/06/2021	Notice of proposed rulemaking; extension of comment period.	Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire (Regulation J), Extension of Comment Period
	06/11/2021	Proposed rule, request for comment.	Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire
	11/30/2018	Final rule.	Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire
	03/15/2018	Proposed rule and comment request.	Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire
	12/05/2014	Final rule.	Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire: Time of Settlement by a Paying Bank for an Item Received From a Reserve Bank
	12/10/2013	Notice of proposed rulemaking; request for public comment.	Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers through Fedwire; Time of Settlement by a Paying Bank for an Item Received from a Reserve Bank
	04/12/2012	Final rule.	Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire: Elimination of “As-of Adjustments” and Other Clarifications
	10/18/2011	Notice of proposed rulemaking; request for public comment.	Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire: Elimination of “As-of Adjustments” and Other Clarifications
	10/27/2004	Final rule.	Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire
	06/18/2004	Proposed rule.	Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire
View More Docket Documents

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Public Inspection
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This PDF is FR Doc. 2021-16826 as it appeared on Public Inspection on 08/05/2021 at 8:45 am.

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Published Document: 2021-16826 (86 FR 43143)

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

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Federal Reserve System

12 CFR Part 210
[Regulation J; Docket No. R-1750]
RIN 7100-AG16

AGENCY:

Board of Governors of the Federal Reserve System.

ACTION:

Notice of proposed rulemaking; extension of comment period.

SUMMARY:

On June 11, 2021, the Board of Governors of the Federal Reserve System (Board) published in the Federal Register a proposal to amend Regulation J to govern funds transfers through the Federal Reserve Banks' (Reserve Banks) new FedNow^SM Service by establishing a new subpart C. The Board also proposed changes and clarifications to subpart B, governing the Fedwire Funds Service, to reflect the fact that the Reserve Banks will be operating a second funds transfer service in addition to the Fedwire Funds Service, as well as technical corrections to subpart A, governing the check service. The proposal provided for a comment period ending on August 10, 2021. The Board is extending the comment period for 30 days, until September 9, 2021.

DATES:

For the notice of proposed rulemaking published on June 11, 2021 (86 FR 31376), comments must be received by September 9, 2021.

ADDRESSES:

You may submit comments by any of the methods identified in the proposal.

FOR FURTHER INFORMATION CONTACT:

Jess Cheng, Senior Counsel (202) 452-2309, Gavin L. Smith, Senior Counsel (202) 452-3474, Legal Division, or Ian C.B. Spear, Manager (202) 452-3959, Kirstin E. Wells, Principal Economist (202) 452-2962, Division of Reserve Bank Operations and Payment Systems; for users of Telecommunications Device for the Deaf (TDD) only, contact (202) 263-4869.

SUPPLEMENTARY INFORMATION:

On June 11, 2021, the Board of Governors of the Federal Reserve System (Board) published in the Federal Register a proposal to amend Regulation J to govern funds transfers through the Federal Reserve Banks' (Reserve Banks) new FedNow Service by establishing a new subpart C. The Board also proposed changes and clarifications to subpart B, governing the Fedwire Funds Service, to reflect the fact that the Reserve Banks will be operating a second funds transfer service in addition to the Fedwire Funds Service, as well as technical corrections to subpart A, governing the check service.^[1]

The proposal provided for a comment period ending on August 10, 2021. Since the publication of the proposal, the Board has received a request for an extension of the comment period. An extension of the comment period will provide additional opportunity for interested parties to analyze the proposal and prepare and submit comments. Therefore, the Board is extending the end of the comment ( printed page 43144) period for the proposal from August 10, 2021 to September 9, 2021.

By order of the Board of Governors of the Federal Reserve System, acting through the Secretary of the Board under delegated authority.

Ann Misback,

Secretary of the Board.

Footnotes

1. 86 FR 31376 (June 11, 2021).

Back to Citation

[FR Doc. 2021-16826 Filed 8-5-21; 8:45 am]

BILLING CODE P

Published Document: 2021-16826 (86 FR 43143)

Proposed Rule

Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire (Regulation J), Extension of Comment Period

Federal Reserve System

AGENCY:

ACTION:

SUMMARY:

DATES:

ADDRESSES:

FOR FURTHER INFORMATION CONTACT:

SUPPLEMENTARY INFORMATION:

Footnotes

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