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Expert Analysis

FDIC Proposal Offers Welcome Clarity On Brokered Deposits

By David Freeman, Charles Yi, Amber Hay and Anthony Raglani ( January 6, 2020, 5:20 PM EST) -- On Dec. 12, the Federal Deposit Insurance Corp. issued a notice of proposed rulemaking to revise the regulatory framework used to determine whether deposits qualify as brokered deposits.[1] The proposed rule follows an advance notice of proposed rulemaking issued by the FDIC in December of 2018.[2]...

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