other · Treasury · Rule · Published 2007-11-07 · Effective 2007-11-07 · 72 FR 62768
Document
Document number
E7-21751
Federal Register citation
72 FR 62768
CFR reference
12 CFR 551
Type
Rule
Action
Final rule.
Category
other
Sub-agency
Treasury
Publication date
2007-11-07
Effective date
2007-11-07
Treasury docket
Docket ID OTS-2007-0010
Abstract
In June 2007, the Office of Thrift Supervision (OTS) adopted an interim final rule (Interim Rule) that requires certain officers and employees of savings associations to file reports of their personal securities transactions with the savings association no later than thirty calendar days after the end of each calendar quarter. Before OTS adopted the Interim Rule, persons subject to the rule were required to file such reports within ten business days after the end of each calendar quarter. The thirty-calendar-day period is consistent with the filing requirement for persons in similar positions at investment companies who file such reports under regulations of the Securities and Exchange Commission (SEC). Today, OTS is adopting a final rule that is identical to the Interim Rule.