The Federal Deposit Insurance Corporation (FDIC) announced a proposed rule that would revise brokered deposit regulations promulgated under Section 29 of the Federal Deposit Insurance Act. The ...
WASHINGTON — Industry experts are raising concerns about a recent Federal Deposit Insurance Corp. proposal that would expand the definition of brokered deposits — sometimes known as "hot money" — and ...
On August 9, the FDIC published a financial institution letter titled “Classification of Interactive Teller Machines as Domestic Branches or Remote Service Units,” applicable to all FDIC-supervised ...
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