FDIC Board Member Gruenberg Issues Statement on Federal Deposit Insurance Act
November 19, 2019
November 19, 2019
WASHINGTON, Nov. 19 -- The Federal Deposit Insurance Corporation issued the following statement by Board Member Martin J. Gruenberg on the Federal Deposit Insurance Act:
"The Notice of Proposed Rulemaking before the FDIC Board today would incorporate the FDIC's Statement of Policy implementing Section 19 of the Federal Deposit Insurance Act into its regulations.
"As a general rule, Section 19 prohibits, without the written consent of the FDIC, a person convict . . .
"The Notice of Proposed Rulemaking before the FDIC Board today would incorporate the FDIC's Statement of Policy implementing Section 19 of the Federal Deposit Insurance Act into its regulations.
"As a general rule, Section 19 prohibits, without the written consent of the FDIC, a person convict . . .