Fed Extends Comment Period on Bank Insider Loan Rules — But Critics Say the Clock Is Still Running Out for We the People

The Federal Reserve Board announced it will extend until November 4 the public comment window on its proposal to modernize Regulation O, which governs loans by member banks to their own insiders. The extension gives Americans a few more weeks to weigh in — but the agency still hasn't said how much the changes would loosen or tighten the rules.