Finance & markets · 27/05/2020Updated: 10/17/2026 · 1 min read
FDIC Extends Comment Period for Parent Companies of Industrial Banks and Industrial Loan Companies Rule
Summary
The Federal Deposit Insurance Corporation (FDIC) has extended the comment period for its proposed rule requiring certain conditions and commitments for deposit insurance applications, non-objection to a change in control notices, and merger applications involving industrial banks and loan companies.