The FDIC also has proposed additional regulation of transfer agents. The FDIC notice of proposed rulemaking solicits comments regarding new regulations that would require insured state nonmember banks or their subsidiaries that act as transfer agents for qualifying securities under the Exchange Act to register with the SEC. The amendments also would revise the definition of “qualifying securities” under the Exchange Act in order to conform to the changes made by the JOBS Act. The comment period closes on February 22, 2016. See the Federal Register notice here: https://federalregister.gov/a/2015-31941.