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Temporary Liquidity Guarantee Program; Unlimited Deposit Insurance Coverage for Noninterest-Bearing Transaction Accounts

FDIC · final-rule · Published 2015-10-28 · Effective 2015-10-28 · 80 FR 65919

Document

Document number
2015-27294
Federal Register citation
80 FR 65919
CFR reference
12 CFR 330
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Deposit Insurance Corporation
Publication date
2015-10-28
Effective date
2015-10-28

Abstract

The FDIC is rescinding and removing its regulations implementing the Temporary Liquidity Guarantee Program (TLGP) and the unlimited deposit insurance coverage for "noninterest-bearing transaction accounts" provided by section 343 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and related definitions. Because these programs have expired by their terms, the regulations implementing them are unnecessary and obsolete.

Source

Authoritative
Federal Register document
Machine
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