Brokered-Deposit Liberalization
Easing restrictions from a proposal already intended to facilitate additional funding from products then considered brokered deposits, the FDIC has finalized new rules creating a new brokered-deposit framework in which funding relationships long considered brokered deposits instead may be gathered without impediments even by under-capitalized insured depository institutions (IDIs).  For example, the new rule now excludes from brokered deposits those placed by a third party with an exclusive arrangement with only one IDI.