WASHINGTON, March 3 -- Farm Credit Administration has issued a rule called: Statement on Regulatory Burden.

The rule was published in the Federal Register on March 3 by Ashley Waldron, Secretary to the Board, Farm Credit Administration.

Summary: This document is part of the Farm Credit Administration's (FCA, our, or we) initiative to reduce regulatory burden for Farm Credit System (FCS or System) institutions, including the Federal Agricultural Mortgage Corporation (Farmer Mac). Several System institutions responded to our 2022 request for comments by identifying regulations they considered unnecessary, unduly burdensome or costly, duplicative of other requirements, outmoded, insufficient, ineffective, or not based on law, and this docume...