H.R. 3070 — To amend the Federal Deposit Insurance Act to clarify the definition of a deposit broker, and for other purposes.

Summary

This bill excludes certain affiliated broker-dealers that service retirement accounts and other similar plans from requirements applicable to brokered deposits.

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Legislative Actions

2017-06-27
Introduced in House
2017-06-27
Introduced in House
2017-06-27
Referred to the House Committee on Financial Services.

To amend the Federal Deposit Insurance Act to clarify the definition of a deposit broker, and for other purposes.

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Summary

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