{"abstract":"The Federal Deposit Insurance Corporation (FDIC) is inviting comment on proposed revisions to its regulations relating to the brokered deposits restrictions that apply to less than well-capitalized insured depository institutions. The proposed rule would revise the \"deposit broker\" definition and would amend the analysis of the \"primary purpose\" exception to the \"deposit broker\" definition. The proposed rule would also amend two of the designated business relationships under the primary purpose exception and make changes to the notice and application process for the primary purpose exception. In addition, the proposed rule would clarify when an insured depository institution can regain status as an \"agent institution\" under the limited exception for a capped amount of reciprocal deposits.","action":"Notice of proposed rulemaking.","agencies":[{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2024/08/23/2024-18214.html","cfr_references":[{"chapter":null,"citation_url":null,"part":303,"title":12},{"chapter":null,"citation_url":null,"part":337,"title":12}],"citation":"89 FR 68244","comment_url":null,"comments_close_on":"2024-10-22","correction_of":null,"corrections":[],"dates":"Comments must be received by the FDIC no later than October 22, 2024.","disposition_notes":null,"docket_ids":[],"dockets":[],"document_number":"2024-18214","effective_on":null,"end_page":68272,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2024/08/23/2024-18214.xml","html_url":"https://www.federalregister.gov/documents/2024/08/23/2024-18214/unsafe-and-unsound-banking-practices-brokered-deposits-restrictions","images":{"EP23AU24.000":{"large":"https://img.federalregister.gov/EP23AU24.000/EP23AU24.000_large.png","medium":"https://img.federalregister.gov/EP23AU24.000/EP23AU24.000_medium.png","original_size":"https://img.federalregister.gov/EP23AU24.000/EP23AU24.000_original_size.png"}},"images_metadata":{"EP23AU24.000":{"large":{"identifier":"EP23AU24.000","content_type":"image/png","size":26626,"width":823,"sha":"5cec4731f75584e584afff1f3f491b90","url":"https://img.federalregister.gov/EP23AU24.000/EP23AU24.000_large.png","height":547},"medium":{"identifier":"EP23AU24.000","content_type":"image/png","size":9575,"width":425,"sha":"7d52379cb7b63b7e1331c39ced4a3bf9","url":"https://img.federalregister.gov/EP23AU24.000/EP23AU24.000_medium.png","height":282},"original_size":{"identifier":"EP23AU24.000","content_type":"image/png","size":16424,"width":1604,"sha":"dcebd9d745fd059ca2484fd431b49911","url":"https://img.federalregister.gov/EP23AU24.000/EP23AU24.000_original_size.png","height":1066}}},"json_url":"https://www.federalregister.gov/api/v1/documents/2024-18214?publication_date=2024-08-23","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2024-08-23/2024-18214/mods.xml","not_received_for_publication":null,"page_length":29,"page_views":{"count":2906,"last_updated":"2026-04-04 12:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-08-23/pdf/2024-18214.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-18214.pdf?1724330714","publication_date":"2024-08-23","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2024/08/23/2024-18214.txt","regulation_id_number_info":{"3064-AF99":{"issue":"202410","html_url":"https://www.federalregister.gov/regulations/3064-AF99/unsafe-and-unsound-banking-practices-brokered-deposits-restrictions","title":"Unsafe and Unsound Banking Practices: Brokered Deposits Restrictions","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202410&RIN=3064-AF99&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["3064-AF99"],"regulations_dot_gov_info":{"comments_count":0,"agency_id":"FDIC","document_id":"FDIC-2024-0072-0001","checked_regulationsdotgov_at":"2024-08-24T12:00:08Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":68244,"subtype":null,"title":"Unsafe and Unsound Banking Practices: Brokered Deposits Restrictions","toc_doc":"Brokered Deposits Restrictions","toc_subject":"Unsafe and Unsound Banking Practices:\n","topics":[],"type":"Proposed Rule","volume":89}