The Nutter Bank Report is a monthly publication of the
firm's Banking and Financial Services Group.
Headlines
1. FDIC Approves Proposed Rule to Limit Incentive-Based
Compensation Arrangements
2. Congress Considers Expanding Asset Threshold for Small Bank
Holding Companies
3. FDIC Publishes New Guidance on Community Bank Corporate
Governance
4. Department of Labor Expands the Definition of a Fiduciary for
ERISA Plans and IRAs
5. Other Developments: Assessments, Loan File Reviews and Deposit
Insurance Applications
1. FDIC Approves Proposed Rule to Limit Incentive-Based
Compensation Arrangements
The FDIC has approved a proposed a rule that will be issued
jointly with the other federal banking agencies, the Securities and
Exchange Commission, and the Federal Housing Finance Agency that
would limit certain types of incentive-based compensation
arrangements. The proposal approved on April 26 would implement
Section 956 of the Dodd-Frank Wall Street Reform and