FRB Proposed Rule on Assessing Big Banks for Supervision

The Board of Governors of the Federal Reserve System ("Board") is inviting comments on a proposed rule to implement Section 318 of the Dodd-Frank Act, which directs the Board to collect assessments, fees, or other charges equal to the total expenses which the Board estimates are necessary or appropriate to carry out the supervisory and regulatory responsibilities of the Board for bank holding companies and savings and loan holding companies with total consolidated assets of $50 billion or more and nonbank financial companies designated for Board supervision by the Financial Stability Oversight Council ("Council").

Dates: Comments should be received by June 15, 2013.

View Proposed Rule in full here (links externally to Federal Reserve website).See also: Press Release.