other · Treasury · Rule · Published 2007-06-01 · Effective 2007-06-01 · 72 FR 30473
Document
Document number
E7-10401
Federal Register citation
72 FR 30473
CFR reference
12 CFR 551
Type
Rule
Action
Interim rule with request for comment.
Category
other
Sub-agency
Treasury
Publication date
2007-06-01
Effective date
2007-06-01
Treasury docket
Docket ID OTS-2007-0010
Abstract
Office of Thrift Supervision (OTS) regulations, at 12 CFR 551.150(a), currently require certain officers and employees of savings associations to file reports of their personal securities transactions with the savings association within ten business days after the end of each calendar quarter. In this interim final rule, OTS is amending 12 CFR 551.150(a) to provide that such reports must be filed no later than 30 calendar days after the end of each calendar quarter. As a result of this amendment, the time period for officers and employees of savings associations to file the report will be consistent with the time period for persons in similar positions at investment companies to file such reports under regulations promulgated by the Securities and Exchange Commission (SEC).