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Comment Deadline Set for FDIC-Proposed Rule to Strengthen Enforcement against Misuse of FDIC Name

An FDIC-proposed rule to strengthen the agency's enforcement authority against "any person or organization . . . making misrepresentations about FDIC deposit insurance or misusing the FDIC's name or logo" was published in the Federal Register. Comments on the proposal must be submitted by July 9, 2021.

Primary Sources

  1. Federal Register: False Advertising, Misrepresentation of Insured Status, and Misuse of the FDIC's Name or Logo

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Tags

Sub-Activity
Deceptive Marketing
Regulated Entities
Banking Entities
Sub-Entity
Federal Savings Assoc., National Banks, State Member Banks, State Non-Member Banks, State Savings Associations
Regulated Products
Bank Products
Sub-Product
Bank Deposits (CDs)
Body of Law
Banking Law
Jurisdiction
US - Federal
Organization
US Banking Regulators
Sub-Author
FDIC