SIFMA - Securities Industry and Financial Markets Association Inc.

11/20/2024 | Press release | Distributed by Public on 11/21/2024 10:07

Unsafe and Unsound Banking Practices: Brokered Deposits Restrictions (Joint Trades)

SIFMA, The American Bankers Association (ABA), Bank Policy Institute (BPI), the United States Chamber of Commerce, Financial Services Forum (FSF), the Financial Technology Association (FTA), and the Independent Community Bankers of America (ICBA) submitted comments to the on the Federal Deposit Insurance Corporation (FDIC) on the notice of proposed rulemaking issued by the concerning brokered deposits.