WASHINGTON — Banking and insurance trade groups say they are optimistic that federal regulators will give financial institutions involved in insurance sales an extra six months to begin warning consumers that these products are not federally insured.

The Gramm-Leach-Bliley Act told regulators to write rules requiring banks and thrifts that advertise, solicit, or sell insurance to warn consumers that, unlike their bank accounts, these products are not federally insured. Regulators issued those rules in November, telling financial companies to start alerting consumers by April 1. But in a letter last month, bank and insurance trade groups asked regulators to extend the starting date to Oct. 1.

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