View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
FDIC RIN: 3064-AF99 Publication ID: Fall 2024 
Title: ●Unsafe and Unsound Banking Practices: Brokered Deposits Restrictions 
Abstract:

The FDIC is requesting comment on a proposal that would amend the regulations implementing section 29 of the Federal Deposit Insurance Act. Section 29 contains brokered deposits restrictions that apply to less than well capitalized depository institutions. The proposed amendments are intended to update the "deposit broker" definition, the "primary purpose" exception to the "deposit broker" definition, and certain other matters.

 
Agency: Federal Deposit Insurance Corporation(FDIC)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: Undetermined 
CFR Citation: None     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 12 U.S.C. 378    12 U.S.C. 1464    12 U.S.C. 1813    12 U.S.C. 1815    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  08/23/2024  89 FR 68244   
NPRM Comment Period Extended  10/11/2024  89 FR 82537   
NPRM Comment Period End  11/21/2024 
Final Rule  12/00/2024 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Related to 3064-AF76 
Agency Contact:
Chantal Hernandez
Senior Attorney
Federal Deposit Insurance Corporation
550 17th St NW ,
Washington, DC 20429
Phone:202 898-7388
Email: chhernandez@fdic.gov

Vivek Khare
Senior Counsel
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-6847
Email: vkhare@fdic.gov