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FDIC Moves To Revamp Brokered Deposit Regs In Policy Push

By Jon Hill (July 30, 2024, 10:07 PM EDT) -- The Federal Deposit Insurance Corp. on Tuesday unveiled a proposal that would subject more bank deposits to heightened regulation as "brokered" funds, outlining new rules that the agency pitched as addressing risks highlighted by failures of firms like First Republic Bank and Voyager, a crypto lender....

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