[November 9, 1998 (Volume 63, Number 216)]
[Unified Agenda]
From the Federal Register Online via GPO Access [frwais.access.gpo.gov]
[DOCID:ua09no98_052-15]
[Page 62702]
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) Final Rule Stage
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4457. ADVERTISEMENT OF MEMBERSHIP
Priority: Substantive, Nonsignificant
Legal Authority: 12 USC 1818; 12 USC 1819; 12 USC 1828
CFR Citation: 12 CFR 328
Legal Deadline: None
Abstract: This regulatory action consolidates provisions relating to
display of official signs; extends the official advertising statement
that is currently required for insured banks to all insured depository
institutions; streamlines exceptions to the use of the statement;
prohibits use of the statement in advertisements concerning nondeposit
investment products; and delegates authority to approve translations of
the statement to certain FDIC officials. In addition, this action
solicits comment on issues relating to advertisement of membership in
the FDIC over a computer network such as the Internet. This action is
the result of a CDRI section 303(a) review.
Timetable:
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Action Date FR Cite
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NPRM 02/11/97 62 FR 06142
NPRM Comment Period End 04/14/97
Final Action 12/00/98
Regulatory Flexibility Analysis Required: No
Government Levels Affected: None
Agency Contact: Marc J. Goldstrom, Counsel, Legal Division, Federal
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-8807
RIN: 3064-AB99
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| Last Updated 04/25/1997 | regs@fdic.gov |