Notice of Proposed Changes to Insider Lending Regulations

Earlier this month, the Federal Reserve Board (the “Federal Reserve”) and the Federal Deposit Insurance Corporation (the “FDIC”) each issued a notice of proposed rulemaking (collectively, the “Proposed Rules”) that would modernize and revise regulations governing extensions of credit by banking organizations to executive officers, directors, principal shareholders, and their related interests, commonly referred to as Reg O lending requirements. These Proposed Rules from the Federal Reserve and... By: Winthrop & Weinstine, P.A.