Home > Regulation & Examinations > Laws & Regulations > FDIC Federal Register Citations




FDIC Federal Register Citations

[November 30, 2000 (Volume 65, Number 231)]
[Unified Agenda]
From the Federal Register Online via GPO Access [frwais.access.gpo.gov]
[DOCID:ua30no00_053-10]

[Page 74907]

Federal Deposit Insurance Corporation (FDIC) Proposed Rule Stage

_______________________________________________________________________

4604. CONSUMER PROTECTION IN SALES OF INSURANCE

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1819 (Seventh and Tenth); 12 USC 1831x

CFR Citation: 12 CFR 343

Legal Deadline: Final, Statutory, November 12, 2000.

Abstract: The rulemaking, sponsored jointly by the OCC, the FRS, the
FDIC and OTS, implements section 305 of the Gramm-Leach-Bliley Act of
1999, which requires regulations governing retail sales practices,
solicitations, advertising, or offers of any insurance product by a
depository institution or any person that is engaged in such activities
at an office of the institution or on behalf of the institution. In
addition, the rulemaking establishes a consumer grievance process.

Timetable:
________________________________________________________________________

Action Date FR Cite

________________________________________________________________________

NPRM 08/21/00 65 FR 50882
NPRM Comment Period End 10/05/00
Final Rule 11/00/00
Final Rule Effective 11/00/00

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Keith Ligon, Chief, Policy Unit, Division of
Supervision, Federal Deposit Insurance Corporation, Washington, DC
20429
Phone: 202 898-3618

RIN: 3064-AC37
__________________________________

Last Updated 11/30/2000 regs@fdic.gov