FEDERAL DEPOSIT INSURANCE CORPORATION ISSUES PROPOSED RULE: DISCLOSURE OF INFORMATION

WASHINGTON, June 30 -- Federal Deposit Insurance Corporation has issued a proposed rule called: Disclosure of Information.

The proposed rule was published in the Federal Register on June 30 by Jennifer M. Jones, Deputy Executive Secretary.

Summary: The Federal Deposit Insurance Corporation (FDIC) is inviting comment on a notice of proposed rulemaking that would update, clarify, and supplement the FDIC's regulations regarding the disclosure of confidential information by the FDIC and other parties, including by enhancing the ability of insured depository institutions to share confidential supervisory information with affiliates and certain other entities for appropriate business purposes, without seeking prior authorization from the FDIC. ...