The FDIC extended by 45 days the public comment period for proposed changes to its regulations relating to the FDIC’s official sign, official advertising statement, deposit insurance misrepresentations, and misuse of the agency’s name or logo. Comments are now due by April 7.
Details: Among its provisions, the proposal would require the use of signs that differentiate insured deposits from non-deposit products, provide for a new digital version of the official FDIC sign, and clarify agency regulations on information that might be misleading and confuse consumers.