Insurancenewsnet.com

False Advertising, Misrepresentation of Insured Status, and Misuse of the FDIC's Name or Logo

The FDIC has steadfastly and proactively sought to protect consumers /1/ by limiting the use of the FDIC's name, seal, and logo to insured depository institutions (IDIs) and preventing false and ...
JD Supra

FDIC Proposed Rule and Information Requests Target False Advertising, Use, and Misuse of FDIC Name and Logo

The Federal Deposit Insurance Corporation (FDIC) recently issued a notice of proposed rulemaking (NPR) and request for information (RFI) addressing “False Advertising, Misrepresentation of Insured ...
Insurancenewsnet.com

FDIC Official Signs, Advertising Requirements, False Advertising, Misrepresentations of Insured Status, Misuse of FDIC's Name or Logo

WASHINGTON, Dec. 21-- The Federal Deposit Insurance Corporation issued the following financial institution letter (No. FIL-65-2023) on Dec. 20, 2023: The Federal Deposit Insurance Corporation (FDIC) ...
JD Supra

FDIC Issues Final Rule on False Advertising, Misrepresentation of Insured Status, and Misuse of the FDIC’s Name or Logo

On May 17, 2022, the Federal Deposit Insurance Corporation (FDIC) announced its adoption of a final rule implementing Section 18(a)(4) of the Federal Deposit Insurance Act, which prohibits any person ...