FEDERAL DEPOSIT INSURANCE ACT

Bills and resolutions

FDIC: clarify definition of a deposit broker (see H.R. 2572), H3499 [8MY]

——— exclude affiliates and subsidiaries of insured depository institutions from the definition of deposit broker (see S. 3111), S7207 [19DE]

Financial institutions: clarify treatment of shareholder claims arising from appointment of a conservator or receiver for certain depository institutions (see H.R. 4267), H7596 [10SE]

——— ensure that well-capitalized banks can accept custodial deposits without facing additional requirements or heightened scrutiny so that such banks may more readily make loans in their community (see H.R. 4384), H7773 [18SE]

——— provide that the consumer transaction account deposits of an insured depository institution are not considered to be funds obtained by or through a deposit broker (see S. 3108), S7207 [19DE] (see H.R. 4501), H8052 [26SE]

Investments: provide shareholders of certain depository institutions a cause of action for assets seized by an appropriate Federal banking agency (see S. 1297), S2613 [2MY]