The Federal Deposit Insurance Corp. is expected to approve a package of measures at a board meeting Friday.
The agenda items include a final rule extending the window for issuing debt covered by the Temporary Liquidity Guarantee Program to Oct. 31. The rule would also establish higher fees for institutions taking advantage of the extension.
The board is also expected to finalize a rule clarifying deposit interest rate limits for institutions that are not well capitalized, and a rule allowing debt that will later convert to equity to be covered by the guarantee program. Also on the agenda are multiple measures to implement sections of the Fair and Accurate Credit Transactions Act.
