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Highlight Updates 2003 Revision of Regulation B and Official Staff Commentary

In 1999, the FRB issued an extensive set of proposed revisions to Regulation B and the official staff commentary.50 The FRB issued its final rule and revisions to the official staff commentary almost four years later, in March 2003.51 The changes made by the final rule were significantly more limited in scope than the proposed rule.


  • 50 {50} 64 Fed. Reg. 44,581 (Aug. 16, 1999).

  • 51 {51} 68 Fed. Reg. 13,144 (Mar. 18, 2003).