• FDIC Issues Interim Rule on Temporary Liquidity Guarantee Program
  • November 19, 2008
  • Law Firm: Alston & Bird LLP - Atlanta Office
  • On October 23, 2008, the Federal Deposit Insurance Corporation (FDIC) issued an interim rule and request for comments (the "Interim Rule") to implement its two-pronged Temporary Liquidity Guarantee Program (the "Program"), established on October 14, 2008, under the systemic risk provision of the Federal Deposit Insurance Act (the "FDI Act").