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Comment Period: FDIC Extends Comment Period on Modernizing Brokered Deposit Restrictions

In light of the challenges associated with COVID-19, the Federal Deposit Insurance Corporation (FDIC) today announced that it will extend the public comment period for its proposed rule to modernize its brokered deposit regulations by 60 days. Interested parties responding to FDIC's Notice of Proposed Rulemaking on Brokered Deposit Restrictions Applicable to Less Than Well Capitalized Banks may now submit comments through June 9, 2020. Read FDIC's notice here

  • June 9, 2020
  • Time: All Day