Randy Benjenk

Sep 25, 2024 | law360.com | Michael Nonaka |Randy Benjenk |Jane Faulkner

By Michael Nonaka, Randy Benjenk and Jane Faulkner (September 25, 2024, 11:30 AM EDT) -- On Sept 17, the Federal Deposit Insurance Corp.'s board of directors approved a proposal that would impose recordkeeping and other compliance requirements on custodial deposit accounts with transactional features.[1] ... Law360 is on it, so you are, too.

Aug 8, 2024 | lexology.com | Randy Benjenk |Michael Nonaka |Mike Reed |Jane Faulkner

On July 30, 2024, the Board of Directors of the Federal Deposit Insurance Company (“FDIC”) voted 3-2 to approve a notice of proposed rulemaking (the “proposal” or “proposed rule”) that would revise significantly the FDIC’s brokered deposits regulations, which the FDIC overhauled in late 2020 (the “2020 rule”).