On August 10, the Fed, the FDIC, the OCC and the OTS issued an advance notice of proposed rulemaking regarding alternatives to the use of credit ratings in their risk-based capital rules for banking organizations.  The ANPR is being issued in response to Section 939A of the Dodd-Frank Act, which requires the agencies to remove references to credit ratings and adopt alternative standards of credit-worthiness.  The ANPR solicits comment on a range of potential alternative standards, a set of criteria the banking agencies believe are important in evaluating these standards, and the feasibility and burden associated with these alternative measures.  Comments must be received within 60 days of publication of the ANPR in the Federal Register. Release. Advance Notice of Proposed Rulemaking.