The Federal Reserve Board requested comment on proposed guidance on a framework for the supervision of any depository institution holding company that (i) is an insurance underwriting company, or (ii) has over 25 percent of its consolidated assets held by insurance underwriting subsidiaries.
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At its quarterly Board of Directors meeting, the MSRB voted to propose amending its rules to allow dealer firms to conduct office inspections remotely until December 31, 2022.
The FDIC notified covered insured depository institutions that it amended the deposit insurance coverage rules for certain trust accounts and mortgage servicing accounts, and that covered institutions must prepare to update their deposit insurance coverage calculations in light of the amendments.
The SEC named LizAnn Eisen as the Deputy Director of the Disclosure Program in the Division of Corporation Finance.
SEC Deputy Director of the Division of Examinations Kristin Snyder will leave the agency at the end of January.