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FDIC approves new requirements for insured institutions
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Securitization
Wednesday, November 23, 2016
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The Federal Deposit Insurance Corp. (FDIC) recently approved a final rule establishing recordkeeping requirements for FDIC-insured institutions with more than 2 million deposit accounts to ensure customers receive timely payment of insured funds should the institutions fail.
Read on to find out more about the new rule and when it will likely go into effect.
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