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FDIC Warns 5 Companies About Statements Around Deposit Insurance

August 19, 2022
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FDIC Warns 5 Companies About Statements Around Deposit Insurance

August 19, 2022
The Federal Deposit Insurance Corporation (FDIC) reported Friday (Aug. 19) that it has issued letters to five companies demanding that they cease and desist from making what it says are “false and misleading statements” about FDIC deposit insurance and take corrective action to address statements it has identified. “Based upon evidence collected by the FDIC, […]