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There was lots of talk and action in the U.S. regulatory space over the past week. 

On the talk side, the FDIC received 18 comments on its proposed amendments to the FDIC’s proposed increases in Deposit Insurance assessments. And on the action side, showing off what our colleague Mercedes Kelley Tunstall calls its "now-robust enforcement authority," the FDIC continued to make itself very clear that it would act when it encountered misleading statements on deposit insurance protection, sending five more letters to cryptocurrency-related companies it believes are misrepresenting the extent of FDIC insurance on their crypto products.

So, lots to talk about. Any thoughts or questions? Just write to us here.

Daniel Meade and Michael Sholem
Co-Editors, Cabinet News and Views

August 25, 2022
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