Prohibited Service at Savings and Loan Holding Companies

1 organizations filed 1 public comment on Prohibited Service at Savings and Loan Holding Companies, at the OTS. The comment window closed 6959d ago.

Abstract

Implementing section 710(a) of the Financial Services Regulatory Relief Act of 2006, which added a new section 19(e) to the Federal Deposit Insurance Act (FDIA). Section 19(e) of the FDIA prohibits any person who has been convicted of any criminal offense involving dishonesty or a breach of trust, or money laundering or has agreed to enter into a pretrial diversion or similar program in connection with a prosecution for such an offense from holding certain positions with respect to a savings and loan holding company.

Commenters (1)

• American Bankers Associationtrade assoc.

  1 filing · confidence 97%