ABA, BPI seek deadline extension for comment on FDIC disclosure rule

Why it matters

The ABA and BPI requesting an extension for comment on the FDIC disclosure rule is a notable regulatory development reflecting industry engagement with potential regulatory changes, but it does not itself alter regulation or market conditions.

Sources

• ABA Banking Journal

  ABA, BPI seek deadline extension for comment on FDIC disclosure rule

  ABA and the Bank Policy Institute asked the FDIC to push back by more than a month the public comment deadline for its proposed bank information disclosure rule, which would align it with the deadline for a similar rule proposed by the OCC. The post ABA, BPI seek deadline…