After criticism from bankers, the Federal Deposit Insurance Corp. is expected to reject Tuesday a proposal that would require some bank directors to report personal securities transactions.
Comment letters by several industry trade groups and calls from bankers swayed FDIC officials, said Miguel D. Browne, a deputy assistant director of supervision at the agency. Bankers doubted official assurances that the proposal would affect only a limited number of directors, according to Mr. Browne.
"We thought it was clear in the first place, but if the industry doesn't think it's clear, then there's a problem," Mr. Browne said. "It's obvious we need to work a bunch more on …

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