FDIC Federal Register Citations

[Page 23851-23852]

FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) Proposed Rule Stage

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4166. <bullet> RETAIL SALES OF INSURANCE PRODUCTS

Priority: Substantive, Nonsignificant

Legal Authority: PL 106-102

CFR Citation: Not Yet Determined

Legal Deadline: None

Abstract: The rulemaking implements Section 305 of the Gramm-Leach-
Bliley Act of 1999, which requires regulations governing retail sales
of insurance products by depository institutions (and subsidiaries)
including antitying and anticoercion rules, and mandatory disclosures.
In addition, the joint rulemaking establishes a consumer grievance
process.

Timetable:
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Action Date FR Cite

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NPRM 06/00/00

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

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