FDIC's 'Hot Money' Revamp Gets Bank, Fintech Cold Shoulder <https://www.law360.com/banking/articles/2264069?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-11-22&read_main=1&nlsidx=0&nlaidx=1>
By Jon Hill Banking and fintech lobbyists are calling on the Federal Deposit Insurance Corp. to scrap its proposal to overhaul rules on brokered deposits, also known as "hot money," arguing the effort represents a step backward for the industry that would raise costs for everyone. 7 documents attached | Read full article » <https://www.law360.com/banking/articles/2264069?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-11-22&read_more=1&nlsidx=0&nlaidx=1> | Save to favorites » <https://www.law360.com/banking/articles/2264069?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-11-22&read_later=1&nlsidx=0&nlaidx=1>
