Fed extends comment period on Regulation O loan rule
Banks, insiders and other stakeholders have until Nov. 4, 2026 to comment on proposed updates to Regulation O.
The Board of Governors of the Federal Reserve System announced that the comment period for its August 4, 2026 proposal to update Regulation O is extended to November 4, 2026. The original deadline of October 5, 2026 has been pushed back by 30 days, giving interested parties additional time to submit feedback.
The proposal, published as 91 FR 49526 and identified by Docket No. R-1896 and RIN 7100-AG; 7100-AH27, would modernize the rule governing loans by member banks to executive officers, directors, principal shareholders and insiders of affiliates. It seeks to increase transparency, incorporate existing statutory requirements, index outdated dollar thresholds, address lending to entities controlled by large asset managers through passive funds, and streamline the regulation's text.
Comments must be received by November 4, 2026, using any of the methods outlined in the original notice. The Board acted through the Secretary of the Board, Benjamin W. McDonough, under delegated authority.
For further information, contacts listed in the notice include Jay Schwarz, Deputy Associate General Counsel, and other officials in the Legal Division and Division of Supervision and Regulation.
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