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The Federal Deposit Insurance Corporation ("FDIC") is rescinding and removing from The Code of Federal Regulations 12 CFR part 390, subpart U, entitled Securities of State Savings Associations, and revising 12 CFR part 335 to extend its applicability to State savings associations. This subpart was included in the regulations that were transferred to the FDIC from the Office of Thrift Supervision on July 21, 2011, in connection with the implementation of applicable provisions of title III of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Upon removal of 12 CFR part 390, subpart U and all related references from the FDIC rules and regulations, all State nonmember banks and State savings associations having securities registered pursuant to the Securities Exchange Act of 1934 ("Exchange Act"), and for which the FDIC has been designated the appropriate Federal banking agency, will be subject to the disclosure and filing requirements found at 12 CFR part 335, currently entitled Securities of Nonmember Insured Banks. The rule would retitle part 335 as Securities of Insured State Nonmember Banks and State Savings Associations and revise part 335 by inserting the term "State savings association" where appropriate so that the FDIC rules governing the disclosure and filing requirements of securities registered pursuant to the Exchange Act will apply to both insured State nonmember banks and State savings associations. Finally, the rule makes minor technical amendments to part 335 by deleting all references to the "Division of Supervision and Consumer Protection (DSC)" and adding the words "Division of Risk Management Supervision (RMS)" to reflect an internal FDIC reorganization.