Board Actions

Actions taken during the week ending August 18, 2012

Forms

Forms -- initial Board review to extend with revision the Weekly Report of Dealer Positions (FR 2004A), Weekly Report of Cumulative Dealer Transactions (FR 2004B), Weekly Report of Dealer Financing and Fails (FR 2004C), Weekly Report of Specific Issues (FR 2004SI), Daily Report of Specific Issues (FR 2004SD), Supplement to the Daily Report of Specific Issues (FR 2004SD ad hoc), and Daily Report of Dealer Activity in Treasury Financing (FR 2004WI), and to implement the Banking Organization Systemic Risk Report (FR Y-15).
-Proposed, August 14, 2012

Regulations and Policies

Regulation Z (Truth in Lending) -- publication for comment of interagency amendments to establish new appraisal requirements for "higher-risk mortgage loans," in accordance with the Dodd-Frank Act.
-Approved, August 14, 2012

Enforcement

PNBK Sponsor LLC, Stamford, Connecticut; PNBK Investment Partners LLC; PNBK Holdings LLC; and Patriot National Bancorp, Inc. -- written agreement with the Federal Reserve Bank of New York.
-Announced, August 16, 2012