Data / Federal rules / 2026-15774

Regulatory Modernization and Relief for Mutual Holding Companies

The Federal Reserve System published this proposed rule in the Federal Register on August 4, 2026. Comments closed on October 5, 2026.

SpecStream is the live web data engine for teams and agents. It reads every rule and proposed rule in the Federal Register each morning, and this page is that reading. Name your industry once and new rules, comment deadlines and effective dates arrive in your sheet, CRM, Slack or agent as they are published.

Get new rules for your industry

What the agency says

The Board invites comment on a notice of proposed rulemaking (proposal) to modernize the regulatory framework applicable to mutual holding companies (MHCs), primarily through proposed revisions to Regulation MM (12 CFR part 239), which governs the formation, operations, activities, and conversion of savings and loan holding companies in mutual form. The proposal would amend Regulation MM by, among other things, eliminating certain dividend waiver requirements, reducing burden associated with conversions from mutual-to-stock form, revising certain post-conversion restrictions, eliminating the requirement that subsidiary holding companies of MHCs obtain federal charters, and revising and clarifying other provisions of the regulation. The proposal also would amend the capital rule (12 CFR part 217) to clarify that certain mutual capital instruments may qualify as regulatory capital and to codify model term sheets for mutual capital certificates as appendices to the regulation.

Key facts

Document number: 2026-15774
Type: Proposed rule
Action: Notice of proposed rulemaking
Agency: Federal Reserve System
Published: August 4, 2026
Comments due: October 5, 2026
Dates: Comments must be submitted by October 5, 2026.
Docket: Regulations Q and MM; Docket No. R-1895
Regulation ID (RIN): 7100-AH26
Code of Federal Regulations: 12 CFR 217; 12 CFR 239
Topics: Administrative practice and procedure; Banks, banking; Holding companies; Reporting and recordkeeping requirements; Securities
Pages: 35

The document on federalregister.gov PDF

Other documents from the Federal Reserve System

Document	Type	Published
Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks: Bank Holding Companies 2026-20509	Proposed rule	Oct 7
Enhanced Transparency and Public Accountability of the Supervisory Stress Test Models and Scenarios; Modifications to the Capital Planning and Stress Capital Buffer Requirement Rule, Enhanced Prudential Standards Rule, and Regulation LL 2026-20247	Final rule	Oct 2
Modifications to the Capital Plan Rule and Stress Capital Buffer Requirement 2026-20246	Final rule	Oct 2
Regulation D: Reserve Requirements of Depository Institutions 2026-20037	Final rule	Sep 30
Regulation A: Extensions of Credit by Federal Reserve Banks 2026-20036	Final rule	Sep 30
Application Procedures for Board-Supervised Insured Depository Institutions Seeking Approval for a Subsidiary To Issue Payment Stablecoins 2026-19899	Proposed rule	Sep 29
Implementing the Federal Reserve Board's Responsibilities Under the GENIUS Act 2026-19860	Proposed rule	Sep 29
Expanded Examination Cycle for Certain Small Insured Depository Institutions and U.S. Branches and Agencies of Foreign Banks 2026-18766	Final rule	Sep 14

Everything from the Federal Reserve System · Rules on administrative practice and procedure · Rules on banks, banking · Rules on holding companies · Published in August 2026

Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.