Five federal agencies today agreed to extend for 30 days the
comment period on the proposed Interagency Statement on Sound Practices
Concerning Complex Structured Finance Activities published in the Federal
Register on May 19, 2004.
In a letter submitted to the five agencies on June 10, eight
trade associations representing financial institutions asked the agencies to
provide the public with an additional 30-day period to review, analyze and
submit comments on the proposed interagency statement.
The public comment period on the interagency statement will
now end July 19, 2004. The scope and
comment process for this interagency statement remain as stated in the original
Federal Register notice of May 19, 2004 and comments should be received
on or before July 19, 2004.
# # #
Media Contacts:
Federal Reserve Dave
Skidmore (202) 452-2955
FDIC Rosemary
George (202) 898-6530
SEC John
Heine (202) 942-0022
OCC Kevin
Mukri (202) 874-5770