SIFMA - Securities Industry and Financial Markets Association Inc.

04/23/2024 | Press release | Distributed by Public on 04/23/2024 14:31

Potential Reevaluation of Certain Asset Managers’ Passive Investments in FDIC-Supervised Institutions (SIFMA AMG)

SIFMA AMG provided comments to the Federal Deposit Insurance Corporation (FDIC) on their consideration of various proposals to revise the FDIC's approach to the framework it uses to assess noncontrolling investments in state nonmember banks and state savings associations (FDIC-supervised institutions) and their parent holding companies.