Regulatory Comment Letters

FSR Comments on Proposed Delay of Fiduciary Rule

The Financial Services Roundtable (FSR) submitted a comment letter to the Department of Labor (DoL) supporting the proposed 60-day delay of its Fiduciary Rule and recommended the adoption of an additional 180-day delay to protect retirement savers.

OCC D-FAST Information Collection Requirements

FSR urges the OCC to harmonize its information collection requirements with the Federal Reserve with respect to the information banks must submit as part the annual Dodd-Frank Act Stress Test (D-FAST). FSR notes that harmonization will help improve data quality. FSR also asks that banks be given at least six months to adapt to other changes...

FSR Comment Letter on Enhanced Cyber Risk Management Standards ANPR

FSR Comment Letter to OCC on FinTech Charter Proposal

The Financial Services Roundtable (FSR) and its technology policy division, BITS, today submitted a comment letter responding to the Office of the Comptroller of the Currency’s (OCC) proposal to create a special purpose national bank charter for FinTech companies. In its letter, FSR highlights the importance of driving innovation for both...

Requirements for Accepting Private Flood Insurance Policies

n its response to a joint-proposal from five federal agencies on when lenders may accept private flood insurance policies (the Federal Reserve, OCC, FDIC, NCUA, and Farm Credit Administration), FSR noted that the proposal’s requirements will likely stifle the ability of insurers to create a vibrant private-sector market for flood insurance...