Posts from David Kantor
FDIC Approves Rule to Implement Section 343 of Dodd-Frank Act
Banking The Board of Directors of the Federal Deposit Insurance Corporation (FDIC) today approved a final rule to implement section 343 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). Section 343 provides temporary unlimited coverage for noninterest-bearing transaction accounts. This separate coverage will become effective on December 31, 2010, and will end [...] Read more →
First Meeting of Financial Stability Oversight Council
Banking, Insurance, Private Equity The Financial Stability Oversight Council (sometimes referred to as FSOC) convened its first “Official” meeting on October 1, 2010. There’s no lack of political... Read more →