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FDIC extends comment period for custodial deposit proposal


The FDIC extended to Jan. 16 the comment period for its proposed rule on recordkeeping requirements for custodial accounts.

November 19, 2024 / By ICBA

The FDIC extended to Jan. 16 the comment period for its proposed rule on recordkeeping requirements for custodial accounts.

Background: ICBA last month requested a 60-day extension, noting that the timing of the comment period overlapped with other rule comment periods and requests for information while concerning similar subjects.

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