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Home » Store » News » Federal Regulators Issue Final CRA Sunshine Regulations, Commenters’ Plea for New Rule Proposals Goes Unheeded

Federal Regulators Issue Final CRA Sunshine Regulations, Commenters’ Plea for New Rule Proposals Goes Unheeded

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Gramm, Advocacy Groups, Banks Slam Final Rule “Darkness” was the word critics used to describe the final regulations adopted by federal banking regulators to implement the Community Reinvestment Act sunshine provisions of the new financial services modernization law. The adoption of the final regulations was announced jointly by the Office of the Comptroller of the Currency, Federal Reserve Board, Federal Deposit Insurance Corp., and Office of Thrift Supervision on Dec. 21.
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