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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
05-15568 Deposit Insurance Coverage; Stored Value Cards and Other Nontraditional Access Mechanisms Proposed Rule The FDIC is proposing to promulgate a regulation that would clarify the insurance coverage of funds subject to transfer or withdrawal through the use of stored value cards and other nontraditional access mechanisms. This proposed rule is a revision of a proposed rule published by the FDIC in April of 2004 (the "First Proposed Rule"). See 69 FR 20558 (April 16, 2004). The purpose of the revised proposed rule (the "Second Proposed Rule") is to address certain issues raised by commenters in response to the original proposal. Through the Second Proposed Rule, the FDIC would add a new subsection to part 330 of title 12 of the Code of Federal Regulations. The new subsection would promote accuracy and consistency by insured depository institutions in reporting "deposits" for inclusion in an institution's assessment base. Also, the new subsection would provide guidance to the public about the insurance coverage of funds underlying nontraditional access mechanisms. 2005-08-08 2005 8 https://www.federalregister.gov/documents/2005/08/08/05-15568/deposit-insurance-coverage-stored-value-cards-and-other-nontraditional-access-mechanisms https://www.govinfo.gov/content/pkg/FR-2005-08-08/pdf/05-15568.pdf Federal Deposit Insurance Corporation 164 The FDIC is proposing to promulgate a regulation that would clarify the insurance coverage of funds subject to transfer or withdrawal through the use of stored value cards and other nontraditional access mechanisms. This proposed rule is a revision of...  

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