Federal Reserve Board announces it will extend, until November 4, the comment period on its proposal to modernize Regulation O

What this means

The Federal Reserve Board extended the public-comment deadline on its proposal to modernize Regulation O from October 5 to November 4, 2026. Regulation O governs credit that banks extend to insiders such as executives, directors and principal shareholders. The Board said the additional time is intended to let interested parties analyze the proposal and prepare comments; the extension does not make the proposed changes final.

Official release

Source material from Federal Reserve. The wording below is the issuer’s statement.

Press Release

October 02, 2026

Federal Reserve Board announces it will extend, until November 4, the comment period on its proposal to modernize Regulation O

For release at 4:00 p.m. EDT

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The Federal Reserve Board announced Friday that it will extend, until November 4, the comment period on its proposal to modernize Regulation O, its rule governing the extension of credit by a bank to its "insiders"—bank executives, board members and major shareholders who could potentially influence a bank's lending decisions. The Board extended the comment period to allow interested parties more time to analyze the issues and prepare their comments.

Comments on the proposal were originally due by October 5.

For media inquiries, please email [email protected] or call 202-452-2955.

Federal Register notice: Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks: Bank Holding Companies (PDF)

Last Update:

October 02, 2026

Release text attributed to Federal Reserve. Consult the official publication for any subsequent corrections or updates.