HOUSE 2572116th CongressReferred to the House Committee on Financial Services.

To amend the Federal Deposit Insurance Act to clarify the definition of a deposit broker, and for other purposes.

Last Action: 5/8/2019

Actions

2019-05-08Referred to the House Committee on Financial Services.
2019-05-08Introduced in House
2019-05-08Introduced in House

CRS Summary

As of 2019-05-08 (00)

This bill excludes certain affiliated broker-dealers that service retirement accounts and other similar plans from requirements applicable to brokered deposits.

Cosponsors (1)

Steve Stivers (R-OH)

Subjects

Bank accounts, deposits, capital
Consumer credit
Corporate finance and management
Employee benefits and pensions

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.