Federal Agricultural Mortgage Corporation Funding and Fiscal Affairs; Federal Agricultural Mortgage Corporation Disclosure and Reporting Requirements; Risk-Based Capital Requirements; Effective Date

---
identifier: "/us/fr/E7-6076"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Federal Agricultural Mortgage Corporation Funding and Fiscal Affairs; Federal Agricultural Mortgage Corporation Disclosure and Reporting Requirements; Risk-Based Capital Requirements; Effective Date"
title_number: 0
title_name: "Federal Register"
section_number: "E7-6076"
section_name: "Federal Agricultural Mortgage Corporation Funding and Fiscal Affairs; Federal Agricultural Mortgage Corporation Disclosure and Reporting Requirements; Risk-Based Capital Requirements; Effective Date"
positive_law: false
currency: "2007-04-03"
last_updated: "2007-04-03"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Farm Credit Administration"
document_number: "E7-6076"
document_type: "rule"
publication_date: "2007-04-03"
agencies:
  - "Farm Credit Administration"
cfr_references:
  - "12 CFR Part 652"
  - "12 CFR Part 655"
rin: "3052-AC17"
fr_citation: "72 FR 15812"
fr_volume: 72
effective_date: "2006-12-26"
fr_action: "Notice of effective date."
---


#  Federal Agricultural Mortgage Corporation Funding and Fiscal Affairs; Federal Agricultural Mortgage Corporation Disclosure and Reporting Requirements; Risk-Based Capital Requirements; Effective Date

**AGENCY:**

Farm Credit Administration.

**ACTION:**

Notice of effective date.

**SUMMARY:**

The Farm Credit Administration (FCA) published a final rule under parts 652 and 655 on December 26, 2006 (71 FR 77247). This final rule is intended to more accurately reflect risk in the risk-based capital stress test (RBCST) in order to improve the RBCST's output—Federal Agricultural Mortgage Corporation's regulatory minimum risk-based capital level. In accordance with 12 U.S.C. 2252, the effective date of the final rule is 30 days from the date of publication in the *Federal Register* during which either or both Houses of Congress are in session. Based on the records of the sessions of Congress, the effective date of the regulations is March 31, 2007.

**DATES:**

*Effective Date:* The regulation amending 12 CFR parts 652 and 655, published on December 26, 2006 (71 FR 77247) is effective March 31, 2007.

**FOR FURTHER INFORMATION CONTACT:**

Joseph T. Connor, Associate Director for Policy and Analysis, Office of Secondary Market Oversight, Farm Credit Administration, McLean, VA 22102-5090, (703) 883-4280, TTY (703) 883-4434; or Rebecca S. Orlich, Senior Counsel, Office of General Counsel, Farm Credit Administration, McLean, VA 22102-5090, (703) 883-4020, TTY (703) 883-4020.

(12 U.S.C. 2252(a)(9) and (10))

Dated: March 28, 2007.

Roland E. Smith,

Secretary, Farm Credit Administration Board.