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Request for Comments on Unsafe and Unsound Banking Practices: Brokered Deposit Restrictions
December 13, 2019
WASHINGTON, Dec. 13 -- The Federal Deposit Insurance Corporation issued the following financial institution letter (No. FIL-83-2019):

Summary:

The FDIC has issued a Notice of Proposed Rulemaking (NPR) seeking comment on proposed revisions to its brokered deposit regulations. The proposed changes are intended to continue to promote safe and sound practices while modernizing the brokered deposit regulations to reflect recent technological changes and innovations.

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