[Federal Register: February 13, 2006 (Volume 71, Number 29)]
[Proposed Rules]
[Page 7446]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr13fe06-13]
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FARM CREDIT ADMINISTRATION
12 CFR Parts 652 and 655
RIN 3052-AC17
Federal Agricultural Mortgage Corporation Funding and Fiscal
Affairs; Federal Agricultural Mortgage Corporation Disclosure and
Reporting Requirements; Risk-Based Capital Requirements
ACTION: Proposed rule; comment period extension.
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SUMMARY: The Farm Credit Administration (FCA) Board extends the comment
period on the proposed rule that would revise risk-based capital
requirements for the Federal Agricultural Mortgage Corporation (Farmer
Mac or Corporation) to April 17, 2006, so that interested parties will
have additional time to provide comments.
DATES: Please send your comments to us on or before April 17, 2006.
ADDRESSES: You may mail or deliver comments to Robert Coleman,
Director, Office of Secondary Market Oversight, Farm Credit
Administration, 1501 Farm Credit Drive, McLean, Virginia 22102-5090, or
send them by facsimile transmission to (703) 883-4477. You may also
submit your comments by electronic mail to reg-comm@fca.gov, or through
the Pending Regulations section of our Web site at http://www.fca.gov, or through the Government-wide Web site http://www.regulations.gov.
You may review copies of comments we receive at our office in
McLean, Virginia, or from our Web site at http://www.fca.gov. Once you
are in the Web site, select ``Legal Info,'' and then select ``Public
Comments.'' We will show your comments as submitted, but for technical
reasons we may omit items such as logos and special characters.
Identifying information you provide, such as phone numbers and
addresses, will be publicly available. However, we will attempt to
remove electronic-mail addresses to help reduce Internet spam.
FOR FURTHER INFORMATION CONTACT:
Joseph T. Connor, Associate Director for Policy and Analysis, Office of
Secondary Market Oversight, Farm Credit Administration, McLean, VA
22102-5090, (703) 883-4280, TTY (703) 883-4434; or
Rebecca S. Orlich, Senior Counsel, Office of General Counsel, Farm
Credit Administration, McLean, VA 22102-5090, (703) 883-4020, TDY (703)
883-4020.
SUPPLEMENTARY INFORMATION: On November 17, 2005, FCA published a
proposed rule in the Federal Register to amend regulations in parts 652
and 655 that establish a risk-based capital stress test for the
Corporation as required by section 8.32 of the Farm Credit Act of 1971,
as amended (12 U.S.C. 2279bb-1). See 70 FR 69692, November 17, 2005.
The comment period is scheduled to expire on February 15, 2006. Farmer
Mac has requested us to extend the comment period for at least an
additional 60 days. In response to this request, we are extending the
comment period until April 17, 2006. The FCA supports public
involvement and participation in its regulatory process and invites all
interested parties to review and provide comments on the proposed rule.
Dated: February 7, 2006.
Roland E. Smith,
Secretary, Farm Credit Administration Board.
[FR Doc. E6-1959 Filed 2-10-06; 8:45 am]
BILLING CODE 6705-01-P