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Guidance on Due Diligence Requirements for Savings Associations in Determining Whether a Corporate Debt Security Is Eligible for Investment

FDIC · guidance · Published 2012-07-24 · Effective 2012-07-21 · 77 FR 43155

Document

Document number
2012-17854
Federal Register citation
77 FR 43155
CFR reference
12 CFR 362
Type
Rule
Action
Final guidance.
Category
guidance
Agency
US Federal Deposit Insurance Corporation
Publication date
2012-07-24
Effective date
2012-07-21

Abstract

On December 15, 2011, the FDIC proposed guidance to assist savings associations in conducting due diligence to determine whether a corporate debt security is eligible for investment under the Proposed Rule. Today, the FDIC is finalizing the guidance. The final guidance document includes clarifying language adopted in the final rule, but otherwise, is being finalized as proposed.

Source

Authoritative
Federal Register document
Machine
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