Search Results for keywords:"Title III"

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Search Results: keywords:"Title III"

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  • 2020-28455 — Removal of Transferred OTS Regulations Regarding Prompt Corrective Action Directives and Conforming Amendments to Other Regulations
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    Type:Rule
    Citation:86 FR 8104
    Reading Time:about 40 minutes

    The Federal Deposit Insurance Corporation (FDIC) has implemented a final rule to remove outdated and duplicative regulations related to "Prompt Corrective Action" that were inherited from the Office of Thrift Supervision (OTS). The goal is to streamline regulations and ensure clarity by consolidating these rules into existing FDIC regulations. This change affects state savings associations, making it clear that all FDIC-supervised institutions will follow the same regulations. These adjustments are not expected to have substantial impacts on small entities, as the rules remain consistent with existing FDIC standards.

    Simple Explanation

    The FDIC has decided to clean up old rules from another agency to make things simpler, so now all banks they watch over will follow the same rules, kind of like having the same bedtime rules for all kids in the house.

  • 2025-03573 — Eligibility Designations and Applications for Waiving Eligibility Requirements; Programs Under Parts A and F of Title III and Programs Under Title V of the Higher Education Act of 1965, as Amended (HEA)
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    Type:Notice
    Citation:90 FR 11408
    Reading Time:about 16 minutes

    The Department of Education has announced the process for determining eligible colleges and universities for certain federal programs and is seeking applications for waivers from eligibility requirements for the 2025 fiscal year. These programs, under Titles III and V of the Higher Education Act, provide funding to strengthen institutions serving minority and underserved student populations. Eligible colleges may receive grants or waivers for some financial aid requirements even if they don't receive certain types of grants. Institutions can check their eligibility status online and apply for waivers if needed. Applications are due by April 7, 2025, and must be submitted electronically unless there's no internet access.

    Simple Explanation

    The government department in charge of schools wants to help colleges that teach many students who might not have a lot of money or come from different backgrounds. They are inviting these colleges to ask for special permission to get help or skip some rules, and they need to apply for it by April 7, 2025, using the internet.

  • 2021-02028 — Transferred OTS Regulations Regarding Securities Offerings of State Savings Associations, Statement of Policy on the Use of Offering Circulars, Proposed Rulemaking Regarding Securities Offerings by State Nonmember Banks and State Savings Associations, and Other Technical Amendments
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    Type:Proposed Rule
    Citation:86 FR 8145
    Reading Time:about 63 minutes

    The Federal Deposit Insurance Corporation (FDIC) is proposing changes to its regulations concerning securities offerings by State savings associations and State nonmember banks. The FDIC plans to streamline regulations by removing outdated rules transferred from the Office of Thrift Supervision and creating a new unified regulation for securities disclosures. This new rule aims to simplify and align requirements with current securities laws, ensuring both State savings associations and State nonmember banks are subject to the same rules. The proposed rule also includes technical amendments and invites public comments on these changes until April 5, 2021.

    Simple Explanation

    The FDIC wants to change how some banks and savings places tell people about their money stuff to make it easier and the same for everyone. They're taking away some old rules and want to get new ideas from people before making a new rule by April 5, 2021.