The Federal Deposit Insurance Corporation (FDIC) is seeking public feedback on the renewal of certain information collections as part of its duties under the Paperwork Reduction Act of 1995. These collections involve various forms and information requirements for businesses and banks, related to their activities, investments, and privacy practices. The FDIC encourages comments on the necessity and utility of these collections, as well as ways to improve and reduce the burden of the information gathering process. Feedback must be submitted by March 24, 2025, through the FDIC's website, email, mail, or hand delivery.
Simple Explanation
The Federal Deposit Insurance Corporation (FDIC) wants to hear what people think about keeping some important forms and information from banks. They want to make sure these forms are helpful and not too hard to fill out. People can send their thoughts to the FDIC by March 24, 2025.