Seward and Kissel attorneys Casey Jennings and Nathan Brownback will present a webinar, with CLE credit available, titled “The FDIC’s Brokered Deposit Amendments: Lessons Learned, One Year On.”
The webinar will be available for live viewing on Monday, February 28, from 1:00 – 2:05 pm with a Q&A to follow, or on demand at any time on Seward & Kissel’s website. Register here for 50% off the registration fee. Please click here to view the brochure for details.
A year ago, the FDIC made the most far-reaching changes to the definition of deposit broker since its brokered deposit regulations were adopted in 1992. These amendments, among many other changes, expand existing exceptions to the deposit broker definition and create several new exceptions. In this course, you will get an overview of the new brokered deposit regulations, learn what guidance the FDIC staff has provided about them, and understand how a bank or broker should navigate some of the most common pitfalls in applying these regulations and guidance to its business.