FDIC reopens comment on Volcker Rule paperwork burden, no changes proposed
A routine Paperwork Reduction Act renewal notice from the FDIC covering its Volcker Rule information collection under 12 CFR part 351. No substantive or methodological changes are proposed. Compliance teams at covered state nonmember banks and state savings associations should note the comment deadline and the burden estimate, which has fallen slightly from the previous cycle.
- Comments on the renewal must be submitted to the FDIC on or before November 13, 2026.
- The prior 60-day comment period, published July 31, 2026, drew no comments.
- Total estimated annual burden for the collection is 3,815 hours, down 234 hours from the previous renewal.
- The collection applies to FDIC-supervised insured depository institutions subject to 12 CFR part 351, excluding those with total consolidated assets of $10 billion or less and trading assets and liabilities of five percent or less of total consolidated assets.
- The FDIC states there is no change in the substance or methodology of the information collection.