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Federal Deposit Insurance Corporation (FDIC) Completed Actions
4619. TREATMENT BY THE FDIC AS CONSERVATOR OR RECEIVER OF FINANCIAL
ASSETS TRANSFERRED BY AN INSURED DEPOSITORY INSTITUTION IN CONNECTION
WITH A SECURITIZATION OR PARTICIPATION
Priority: Substantive, Nonsignificant
Legal Authority: 12 USC 1821(d)(1); 12 USC 1821(d)(11); 12 USC
1821(e)(1); 12 USC 1821(e)(8)(D)(1); 12 USC 1823(c)(4); 12 USC
1823(e)(2); PL 101-73
CFR Citation: 12 CFR 360
Legal Deadline: None
Abstract: This rulemaking resolves issues regarding the treatment by
the FDIC, as receiver or conservator, of financial assets transferred
by an insured depository institution in connection with a
securitization or in the form of a participation.
Action Date FR Cite
NPRM 09/09/99 64 FR 48968
NPRM Comment Period End 11/08/99
Final Action 08/11/00 65 FR 49189
Final Action Effective 09/11/00
Regulatory Flexibility Analysis Required: No
Small Entities Affected: No
Government Levels Affected: None
Agency Contact: Michael Krimminger, Senior Policy Analyst, Division of
Resolution and Receiverships, Federal Deposit Insurance Corporation,
Washington, DC 20429