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| FDIC | RIN: 3064-AF33 | Publication ID: Fall 2023 |
| Title: Rescission of OTS Regulation Regarding Securities Offerings and New Regulation Regarding Securities Offering Requirements | |
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Abstract:
The FDIC is issuing a proposed rule (1) to remove the OTS Regulations at part 390, subpart W, regarding securities offerings and the use of offering circulars; (2) to rescind the Statement of Policy Regarding Use of Offering Circulars in Connection with Public Distribution of Bank Securities; and (3) to propose a regulation, to be located in part 335, regarding securities offerings by all FDIC-supervised institutions. |
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| Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Substantive, Nonsignificant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
| Major: Undetermined | Unfunded Mandates: No |
| CFR Citation: 12 CFR 335 12 CFR 390 | |
| Legal Authority: 12 U.S.C. 1819 | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: None |
| Small Entities Affected: No | Federalism: No |
| Included in the Regulatory Plan: No | |
| RIN Information URL: https://www.fdic.gov/regulations/laws/federal/ | Public Comment URL: https://www.fdic.gov/regulations/laws/federal/ |
| RIN Data Printed in the FR: No | |
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Agency Contact: Suzanne Dawley Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-6509 Email: sdawley@fdic.gov Linda Hubble Ku Counsel Federal Deposit Insurance Corporation 550 17 Street NW, Washington, DC 20429 Phone:202 898-6634 Email: lhubbleku@fdic.gov |
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