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Interest Rates- US: H15 -1.06 2012-02-21 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.10 2012-02-21 FRB Federal funds effective rate
- US: H15 0.12 2012-02-21 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 0.73 2012-02-21 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.13 2012-02-21 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
Trade (FTC)- Window Marketers Settle FTC Charges That They Made Deceptive Energy Efficiency and Cost Savings ClaimsCompanies Must Have Scientific Evidence Before Making Marketing Claims […]
- Window Marketers Settle FTC Charges That They Made Deceptive Energy Efficiency and Cost Savings Claims
Commerce News- Keynote Address by Assistant Secretary Strickling at Silicon Flatirons Center ConferenceTopics/Subtopics: Internet Policy Domain Name System February 12, 2012 Keynote Address by Lawrence E. Strickling Assistant Secretary of Commerce for Communications and Information Silicon Flatirons Center Conference on The Digital Broadband Migration: The Challenges of Internet Law and Governance Boulder, Colorado February 12, 2012 - As Prepared for Deliver […]
- Keynote Address by Assistant Secretary Strickling at Silicon Flatirons Center Conference
Small Business News- Understanding Small Business Activity at the State-LevelLanding page summary: The study examines the impact of small business activity by industry on overall state economic growth. A few studies have focused on the impact of small business in general at the state level, but their results make it clear that the differing industry mixes among states have skewed the results. Full Report Research Summary read more […]
- Understanding Small Business Activity at the State-Level
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Banking- OCC Newsletter Focuses on Bank Financing for Homeless Housing FacilitiesThe Office of the Comptroller of the Currency (OCC) today published the latest edition of its electronic newsletter, titled "Ending Homelessness: Financing Permanent Supportive Housing," which provides an in-depth look at bank financing for permanent supportive housing for the homeless. […]
- OCC Newsletter Focuses on Bank Financing for Homeless Housing Facilities
Regulation B
The Federal Reserve Board on Tuesday issued a final rule amending Regulation B to provide that motor vehicle dealers are not required to comply with new data collection requirements in the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) until the Board issues final regulations to implement the statutory requirements.
The Dodd-Frank Act amended the Equal Credit Opportunity Act to require creditors to collect information about credit applications made by women- or minority-owned businesses and by small businesses. The Consumer Financial Protection Bureau (CFPB) must implement this provision for all creditors except certain motor vehicle dealers who are subject to the Board’s jurisdiction. The CFPB previously announced that creditors are not obligated to comply with the data collection requirements until the CFPB issues detailed rules to implement the law. The Board is amending Regulation B to apply the same approach to motor vehicle dealers.
The final rule will take effect upon publication in the Federal Register, which is expected shortly. The Board’s notice is attached.