FDIC committee on misconduct encourages outreach

More than 350 people have contacted the law firm conducting an independent review of the FDIC’s workplace culture, according to the FDIC board’s special committee overseeing the review.

Committee Statement: In a statement, the FDIC special committee encouraged anyone who witnessed or experienced misconduct at the agency to contact Cleary Gottlieb, the law firm conducting the review. It said it plans to complete the review by the second quarter of this year.

Background: The FDIC board of directors in November unanimously approved the special committee following reports of misconduct.