FDIC Withdraws OTS Regulations Due to Inconsistencies with Federal Deposit Insurance Act

Summary

The Federal Deposit Insurance Corporation (FDIC) has withdrawn a proposed rulemaking to rescind regulations regarding possession by conservators and receivers for federal and state savings associations, citing inconsistencies with the Federal Deposit Insurance Act and its own practice and procedures.

Original source language: Federal Register — Federal Deposit Insurance CorporationOpen original release →

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