False Advertising, Misrepresentation of Insured Status, and Misuse of the FDIC’s Name or Logo

Title: False Advertising, Misrepresentation of Insured Status, and Misuse of the FDIC’s Name or Logo
Subject: Misrepresentation of insured status
Agency: FDIC
Status: Final rule
Summary:

The Federal Deposit Insurance Corporation is adopting a final rule to implement section 18(a)(4) of the Federal Deposit Insurance Act. The final rule establishes the process by which the Federal Deposit Insurance Corporation will identify and investigate conduct that may violate section 18(a)(4) of the Federal Deposit Insurance Act, the standards under which such conduct will be evaluated, and the procedures which the Federal Deposit Insurance Corporation will follow when formally and informally enforcing the provisions of section 18(a)(4) of the Federal Deposit Insurance Act.

FR Doc: 2022-10903
Date proposed: April 22, 2021
Comments due date: July 29, 2021
Effective date:

July 5, 2022

Rule compliance date:
Agency release:
Related Reg Report item(s):

How the FDIC will address misuse of its name, logo detailed in proposed rule

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