Federal Deposit
Insurance Corporation

[Page 65418]

Federal Deposit Insurance Corporation (FDIC) Final Rule Stage

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4424. INSURED STATE NONMEMBER BANKS WHICH ARE MUNICIPAL SECURITIES
DEALERS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 4803(a)

CFR Citation: 12 CFR 343

Legal Deadline: None

Abstract: This rulemaking proposes to rescind the regulation that
requires insured state nonmember banks which are municipal securities
dealers to file with the FDIC certain information about those persons
who are or seek to be associated with these dealers as municipal
securities principals or municipal securities representatives. 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 05/16/97 62 FR 26994
NPRM Comment Period End 07/15/97
Final Action 12/00/99

Regulatory Flexibility Analysis Required: No

Small Entities Affected: 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