Finance & markets · 28/12/2007Updated: 10/17/2026 · 1 min read
FDIC Introduces Footnote to Clarify Scope of Section 19 of Federal Deposit Insurance Act
Summary
The FDIC is updating its Statement of Policy for Section 19 of the Federal Deposit Insurance Act to better explain its authority in relation to Bank Holding Companies and Savings and Loan Holding Companies, following changes to the Federal Reserve System and Office of Thrift Supervision's authority under Section 19.