American Bankers Association
OCCRulemakingOCC-2018-0041

Employment Contracts, Mutual to Stock Conversions, Technical Amendments

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Oct 1, 2020
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American Bankers Association filings
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American Bankers Association filed 1 comment on this docket between Mar 9, 2020 and Mar 9, 2020. 0 other organizations filed here. The comment window closed 2332d ago.

What American Bankers Association filed (1)

Mar 9, 2020· American Bankers Association (ABA)· OCC-2018-0041-0004

Please see the attached comment letter, filed on behalf of the American Bankers Association.

Abstract

The OCC seeks comment on a proposed rule that would implement changes recommended in the March 2017 Economic Growth and Regulatory Paperwork Reduction Act report, including the repeal of the OCC’s employment contract rule for Federal savings associations, and amend the OCC’s fiduciary rules. The proposed rule also would amend the OCC’s rule for conversions from mutual to stock form of a savings association to reduce burden, increase flexibility, and update cross-references. Additionally, the proposed rule would update cross- references to repealed and integrated rules, remove unnecessary definitions, and make technical changes to other OCC rules.

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