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FDIC RIN: 3064-AG01 Publication ID: Fall 2024 
Title: Ban on Certain Activities by Senior Executives and Directors 
Abstract:

The Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation (each an Agency, and collectively, the Agencies), are issuing this proposed rule for public comment which administers and carries out the Agencies’ ability to prohibit any senior executive or director of a covered financial company from participating, in any manner, in the conduct of the affairs of any financial company for a period of no less than 2 years.

 
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 380    12 CFR 380.1   
Legal Authority: 12 U.S.C. 5393    2 U.S.C. 1813    12 U.S.C. 1818    12 U.S.C. 5381    12 U.S.C. 5383   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  03/00/2025 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related Agencies: Joint: FRS; 
Agency Contact:
Andrew Kim
Senior Attorney
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-6925
Email: andrkim@fdic.gov