{"data":{"id":"us/12-cfr-1211.5","jurisdiction":"us","citation":"12 CFR 1211.5","heading":"Regulatory Interpretations.","body":"(a) Authority. The General Counsel may, in his or her discretion, issue a Regulatory Interpretation to a regulated entity or the Office of Finance, providing guidance with respect to the application of any applicable statute, rule, regulation, or order to a proposed transaction or activity. The Director reserves the right to modify, rescind, or supersede a Regulatory Interpretation, with such action being effective only on a prospective basis.\n(b) Requests. A regulated entity or the Office of Finance may request a Regulatory Interpretation in accordance with § 1211.6.","path":["Title 12—Banks and Banking","CHAPTER XII—FEDERAL HOUSING FINANCE AGENCY","SUBCHAPTER A—ORGANIZATION AND OPERATIONS","PART 1211—PROCEDURES","Subpart B—Waivers, Approvals, Non-Objection Letters, and Regulatory Interpretations"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"51bf42c4cdeb2fff6ce3682d7e6c8b1977702f7634f57dea2187aab9c97eef82","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-1211.4","next":"us/12-cfr-1211.6"},"notice":"GroundRules: Original legal text. Not legal advice."}