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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. |
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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 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 |
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Timetable:
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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 |