The Federal Reserve Board announced on October 2, 2026, that it is extending the public comment period for its proposal to modernize Regulation O. Interested parties now have until November 4 to submit comments, rather than the original October 5 deadline.
Key Takeaways
- The new comment deadline is November 4, 2026.
- The Board said the extension gives interested parties more time to analyze the issues and prepare responses.
- Regulation O governs bank lending to insiders, including executives, directors and major shareholders.
Table of Contents
Regulation O proposal gets more review time
The Board said it extended the deadline to give interested parties additional time to examine the issues raised by the modernization proposal and prepare their comments.
The announcement concerns the timetable for public feedback, not the adoption of a final rule. The proposed modernization remains the subject of the comment process.
The rule covers lending to bank insiders
Regulation O governs extensions of credit by a bank to its insiders. The Board identifies those insiders as bank executives, board members and major shareholders who could potentially influence the bank’s lending decisions.
The release links to a Federal Register notice on loans to executive officers, directors and principal shareholders of member banks, as well as options to submit and view comments.
Conclusion
The revised deadline gives interested parties until November 4 to provide feedback on the proposed insider-lending rule modernization.
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