FEDERAL DEPOSIT INSURANCE CORPORATION ISSUES PROPOSED RULE: UNSAFE AND UNSOUND BANKING PRACTICES: BROKERED DEPOSITS RESTRICTIONS; GUIDELINES ESTABLISHING STANDARDS FOR CORPORATE GOVERNANCE AND RISK MANAGEMENT FOR COVERED INSTITUTIONS WITH TOTAL CONSOLIDATED ASSETS OF $10 BILLION OR MORE; REGULATIONS IMPLEMENTING THE CHANGE IN BANK CONTROL ACT; WITHDRAWAL

WASHINGTON, March 14 -- Federal Deposit Insurance Corporation has issued a proposed rule called: Unsafe and Unsound Banking Practices: Brokered Deposits Restrictions; Guidelines Establishing Standards for Corporate Governance and Risk Management for Covered Institutions With Total Consolidated Assets of $10 Billion or More; Regulations Implementing the Change in Bank Control Act; Withdrawal.

The proposed rule was published in the Federal Register on March 14 by Jennifer M. Jones, Deputy Executive Secretary.

Summary: The Federal Deposit Insurance Corporation (FDIC) is withdrawing notices of proposed rulemaking relating to brokered deposit restrictions, corporate governance and risk management, and the Change in Bank Control Act. If the FDI...