FDIC renews Volcker Rule information collection without changes
Private-sector entities and insured state nonmember banks must comply with the renewed collection, comment deadline Sep. 29, 2026
The Federal Deposit Insurance Corporation has issued a notice to renew, without amendment, the information collection identified as OMB Control No. 3064-0184. The collection pertains to the Volcker Rule restrictions on proprietary trading and relationships with hedge funds and private-equity funds and applies to the private sector, insured state nonmember banks and state savings associations.
The agency invites public and inter-agency comments through September 29, 2026, as required by the Paperwork Reduction Act of 1995. Submissions may be made via the FDIC website, email, mail to Robert Meiers, Regulatory Counsel, or hand-delivery to the agency's Washington, DC office. All comments must reference the OMB control number.
The notice provides a detailed burden estimate. Implementation and initial set-up activities involve a series of mandatory reporting and record-keeping obligations, each listed with a placeholder respondent count of one. Ongoing compliance requirements include periodic reporting, annual CEO attestations, and various record-keeping tasks. The agency calculates a total estimated annual burden of 3,815 hours.
The FDIC notes that it anticipates zero respondents in the upcoming cycle and uses a placeholder respondent count of one to preserve the potential burden calculation. The collection's renewal will proceed unless the comment period yields substantive objections, at which point the agency may revise the collection or its burden estimates.
The notice appears in the Federal Register (Vol. 91, No. 146, pages 48392-48394) under FR Doc No. 2026-15537. The renewal, once finalized, will continue to govern the reporting and record-keeping obligations of the affected institutions under the Volcker Rule framework.