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Data / Federal rules / 2024-27097

Recordkeeping for Custodial Accounts; Extension of Comment Period

The Federal Deposit Insurance Corporation published this proposed rule in the Federal Register on November 20, 2024. It took effect on October 2, 2024. Comments closed on January 16, 2025.

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What the agency says

On October 2, 2024, the FDIC published in the Federal Register a proposed rule that would strengthen FDIC-insured depository institutions' (IDI) recordkeeping for custodial deposit accounts with transactional features and preserve beneficial owners' and depositors' entitlement to the protections afforded by Federal deposit insurance. The proposed rule provided for a 60-day comment period, which closes on December 2, 2024. The FDIC has determined that an extension of the comment period until January 16, 2025, is appropriate. This action will allow interested parties additional time to analyze the proposal and prepare comments.

Key facts

Document number
2024-27097
Type
Proposed rule
Action
Notice of proposed rulemaking; extension of comment period
Agency
Federal Deposit Insurance Corporation
Published
November 20, 2024
Takes effect
October 2, 2024
Comments due
January 16, 2025
Dates
The comment period for the proposed rule that published at 89 FR 80135 (October 2, 2024) is extended. Comments must be received on or before January 16, 2025.
Regulation ID (RIN)
3064-AG07
Code of Federal Regulations
12 CFR 375
Pages
1

The document on federalregister.gov PDF

Other documents from the Federal Deposit Insurance Corporation

Everything from the Federal Deposit Insurance Corporation · Published in November 2024

Read from the Federal Register API, last updated 2026-10-24. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.