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Deposit Insurance Regulations; Permanent Increase in Standard Coverage Amount; Advertisement of Membership; International Banking; Foreign Banks

FDIC · final-rule · Published 2010-08-13 · Effective 2010-08-13 · 75 FR 49363

Document

Document number: 2010-20008
Federal Register citation: 75 FR 49363
CFR reference: 12 CFR 328
Type: Rule
Action: Final rule.
Category: final-rule
Agency: US Federal Deposit Insurance Corporation
Publication date: 2010-08-13
Effective date: 2010-08-13

Abstract

On July 21, 2010, the President signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank" Act). Section 335 of the Dodd-Frank Act made permanent the standard maximum deposit insurance ("SMDIA") amount of $250,000. The FDIC is conforming its regulations to reflect this recent congressional action.

Source

Authoritative: Federal Register document
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