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Final Rule: Parent Companies of Industrial Banks and Industrial Loan Companies
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12/15/2020
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Description:FDIC Board of Directors Meeting, Director statement of intent to vote against the industrial bank Final Rule, since it weakens supervision and protections provided by the Notice of Proposed Rulemaking (NPR).
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Release Date:12/15/2020
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Update Date:12/15/2020
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC);Board of Governors of the Federal Reserve System (The Fed);
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Fdic Employee Involved:Martin J. Gruenberg
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Law Involved:Competitive Equality Banking Act of 1987;Bank Holding Company Act;Federal Deposit Insurance Act (FDI Act);
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Source:FDIC Website
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