Consultation · FDIC · 1 Feb 2023 · 2023-02114
The Federal Deposit Insurance Corporation (FDIC) has extended the public comment period for its proposed rulemaking on official sign and advertising requirements, false advertising, misrepresentation of insured status, and logo misuse. The agency is moving the deadline from February 21, 2023, to April 7, 2023, to provide stakeholders additional time to analyze the December 2022 proposal and submit written feedback. This extension applies to revisions implementing section 18(a) of the Federal Deposit Insurance Act, which update regulations governing how financial institutions display FDIC insurance status and use its name or logo.
1 87 FR 78017. 2 12 U.S.C. 1828(a); 12 CFR 328. FEDERAL DEPOSIT INSURANCE CORPORATION 12 CFR Part 328 RIN 3064–AF26 FDIC Official Sign and Advertising Requirements, False Advertising, Misrepresentation of Insured Status, and Misuse of the FDIC’s Name or Logo; Extension of Comment Period AGENCY: Federal Deposit Insurance Corporation (FDIC). ACTION: Notice of proposed rulemaking; extension of comment period. SUMMARY: On December 21, 2022, the FDIC published in the Federal Register a Notice of Proposed Rulemaking (NPR) seeking comment on proposed changes to the FDIC’s regulations relating to the FDIC’s official sign, the FDIC’s official advertising statement, and misrepresentations of deposit insurance coverage. The NPR provided for a 60- day comment period, which would have closed on February 21, 2023. The FDIC is extending the comment period until April 7, 2023, to allow interested parties additional time to analyze the proposal and prepare comments. DATES: The comment period for the NPR published on December 21, 2022 (87 FR 78017), is extended from February 21, 2023, to April 7, 2023. ADDRESSES: Interested parties are invited to submit written comments, identified by RIN 3064–AF26, by any of the following methods:
the matters raised by the NPR. As such, the FDIC is extending the comment period for the NPR from February 21, 2023, to April 7, 2023. Federal Deposit Insurance Corporation. Dated at Washington, DC, on January 27, 2023. James P. Sheesley, Assistant Executive Secretary. [FR Doc. 2023–02114 Filed 1–31–23; 8:45 am] BILLING CODE 6714–01–P
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