Regulatory Alerts2024-10-21 | 2024-24316Regulations Implementing the Change in Bank Control Act; Extension of Comment Period
The Federal Deposit Insurance Corporation extends the comment period for its August 2024 proposed rule amending Change in Bank Control Act filing requirements and processing procedures. The extension moves the submission deadline from October 18, 2024, to November 18, 2024, providing interested parties additional time to analyze the proposal. This action addresses proposed changes that remove notice exemptions for acquisitions of voting securities in depository institution holding companies with FDIC-supervised subsidiaries.
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