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December 13, 2019

The FDIC proposed revisions to its brokered deposit regime. The proposed amendments concern "restrictions that apply to less than well capitalized insured depository institutions."

December 19, 2018

The FDIC adopted a final rule to permit FDIC-insured financial institutions "to except a capped amount of reciprocal deposits from treatment as brokered deposits for certain insured depository institutions." Separately, the FDIC requested comments on all aspects of its brokered deposit and interest rate regulations. The FDIC amended its regulations on brokered deposits and interest rate transactions to conform to changes required by Section 202 of the Economic Growth, Regulatory Relief and Consumer Protection Act concerning reciprocal deposits. The final rule will also make conforming