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Comments due: FDIC (removal of transferred OTS regulations)

November 25

The Federal Deposit Insurance Corporation (FDIC) proposes to rescind and remove from the Code of Federal Regulations (CFR) regulations entitled Subordinate Organizations that were transferred to the FDIC from the Office of Thrift Supervision (OTS) on July 21, 2011, in connection with the implementation of Title III of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The FDIC is proposing to remove the transferred regulations and proposes to use certain substantially similar FDIC regulations, as applicable, to achieve substantially similar supervisory results for state savings associations and their subsidiaries as could be obtained through the application of the transferred regulations.

Reg lookup: Removal of Transferred OTS Regulations Regarding Certain Subordinate Organizations of State Savings Association

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Date:
November 25
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