Page 22 - April 2018
P. 22
https://www.gpo.gov/fdsys/pkg/FR-2018-03- and Servicing Regulations final rule, originally
22/pdf/2018-05787.pdf. Federal Register, Vol. 83, published in the Federal Register on 06/03/2016. The
No. 56, 03/22/2018, 12506-12508. corrections are effective 03/16/2018. The notice may
be viewed at: https://www.gpo.gov/fdsys/pkg/FR-
SBA Issues Notice of Availability of 504 2018-03-16/pdf/2018-05319.pdf. Federal Register,
Loan with 25 Year Maturity. Vol. 83, No. 52, 03/16/2018, 11633-11634.
SBA is making available a 504 Loan, and the RHS Issues Direct Final Rule on Real
Debenture that funds it, with a 25 year maturity in Estate Settlement Procedures.
addition to the 10 and 20 year 504 Loan and
Debenture that are currently available in the 504 The Rural Housing Service (RHS) will obsolete (and
Loan Program. The notice may be viewed at: reserve) the Truth in Lending—Real Estate
https://www.gpo.gov/fdsys/pkg/FR-2018-04- Settlement Procedures regulation to ensure
04/pdf/2018-06823.pdf. Federal Register, Vol. 83, compliance with the Truth in Lending Act (TILA)
No. 65, 04/04/2018, 14536. and Real Estate Settlement Procedures Act (RESPA)
Integrated Mortgage Disclosures rule, commonly
FCIC Issues Correction to Catastrophic referred to as the TRID rule. This direct final rule
Risk Protection Endorsement, the Area will eliminate the functionally obsolete regulation in
Risk Protection Insurance Basic order to ensure compliance with the TRID rule, as the
standard to follow. The rule is effective 06/21/2018,
Provisions, and the Common Crop comments on the direct final rule are due 05/22/2018.
Insurance Policy Basic Provisions. The notice may be viewed at:
https://www.gpo.gov/fdsys/pkg/FR-2018-03-
The Federal Crop Insurance Corporation (FCIC) 23/pdf/2018-05999.pdf. Federal Register, Vol. 83,
issued corrections to the final rule with request for No. 57, 03/23/2018, 12657-12659.
comments for the Catastrophic Risk Protection
Endorsement, the Area Risk Protection Insurance CCC Requests Comment on Information
Basic Provisions, and the Common Crop Insurance Collection.
Policy Basic Provisions which published in the
Federal Register on 11/24/2017. The corrections are The Commodity Credit Corporation (CCC)
effective 03/16/2018. The notice may be viewed at: announced it seeks comment on the information
https://www.gpo.gov/fdsys/pkg/FR-2018-03- collection titled Assignment and Joint Payment
16/pdf/2018-05391.pdf. Federal Register, Vol. 83, Elections. CCC also gave notice that it sent the
No. 52, 03/16/2018, 11633. collection to OMB for review. Comments are due
06/01/2018. The notice may be viewed at:
FCIC Issues Correction to Nursery Crop https://www.gpo.gov/fdsys/pkg/FR-2018-04-
Insurance Provisions. 02/pdf/2018-06597.pdf. Federal Register, Vol. 83,
63, 04/02/2018, 13944-13945.
FCIC issued a correction to the final rule regarding
Nursery Crop Insurance Provisions originally
published in Federal Register on 01/31/2018. The SEC Proposes Transaction Fee Pilot for
correction is being published to correct the NMS Stocks.
definitions of “over-report factor” and “under-report
factor” in the original notice. The correction is The Securities and Exchange Commission (SEC) is
effective 03/23/2018. The notice may be viewed at: proposing to conduct a Transaction Fee Pilot for
https://www.gpo.gov/fdsys/pkg/FR-2018-03- National Market System (NMS) stocks to study the
23/pdf/2018-06000.pdf. Federal Register, Vol. 83, effects that transaction-based fees and rebates may
No. 57, 03/23/2018, 12657. have on, and the effects that changes to those fees
and rebates may have on, order routing behavior,
RBC Issues Corrections to Guaranteed execution quality, and market quality more generally.
Loanmaking and Servicing Regulations. The data generated by the proposed pilot should help
inform SEC, as well as market participants and the
The Rural Business-Cooperative Service issued public, about any such effects and thereby facilitate a
technical corrections to its Guaranteed Loanmaking data-driven evaluation of the need for regulatory
APRIL 2018
19