Federal Deposit Insurance Corporation August 13, 2010 – Federal Register Recent Federal Regulation Documents

Deposit Insurance Regulations; Permanent Increase in Standard Coverage Amount; Advertisement of Membership; International Banking; Foreign Banks
Document Number: 2010-20008
Type: Rule
Date: 2010-08-13
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
On July 21, 2010, the President signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (``Dodd-Frank'' Act). Section 335 of the Dodd-Frank Act made permanent the standard maximum deposit insurance (``SMDIA'') amount of $250,000. The FDIC is conforming its regulations to reflect this recent congressional action.