Bankowość · 11.02.1997

Advertisement of Membership

The Federal Deposit Insurance Corporation (FDIC) is proposing to amend its regulation entitled ``Advertisement of Membership''. The proposed rule would: Consolidate the provisions that require insured institutions to display official signs; extend the official advertising statement that is currently required for insured banks to all insured depository institutions; streamline the exceptions to the required use of the official advertising statement; prohibit the use of the official advertising statement in advertisements concerning nondeposit investment products or similar nondeposit products; and specifically delegate authority to approve the translation of the official advertising statement to certain FDIC officials. The FDIC is inviting comment on all aspects of its proposal as well as certain alternatives to its proposal as discussed herein. In addition, the FDIC is soliciting comment with respect to issues raised regarding the applicability of this regulation to insured depository institutions that are transmitting information to, or conducting business with, existing or potential customers, over a computer network, such as the Internet.