FDIC Extends Public Comment Period for Single Point of Entry Resolution Strategy
FOR IMMEDIATE RELEASE February 18, 2014
Media Contact: Andrew Gray (202) 898-7192 Email: firstname.lastname@example.org
The Federal Deposit Insurance Corporation (FDIC) has extended the comment period by 30 days for the Single Point of Entry (SPOE) strategy for the resolution of Systemically Important Financial Institutions. The SPOE strategy was approved for publication in the Federal Register by the FDIC Board of Directors on December 10, 2013. The extension will allow interested persons additional time to analyze the SPOE Strategy and prepare their comments. All comments must now be received on or before March 20, 2014.