Request for Public Comment on Proposed Insurance Consumer Protection Rules - District Notice 00-55

Federal Reserve Bankll★Kof DallasDALLAS, TEXAS 75265-5906September 6, 2000Notice 2000-55TO: The Chief Executive Officer of eachfinancial institution and others concernedin the Eleventh Federal Reserve DistrictSUBJECTRequest for Public Comment onProposed Insurance Consumer Protection RulesDETAILSThe Board of Governors of the Federal Reserve System, the Office of the Comptrollerof the Currency, the Federal Deposit Insurance Corporation, and the Office of Thrift Supervision(the agencies) have requested public comment on proposed insurance consumer protection rules.These rules are published pursuant to section 47 of the Federal Deposit Insurance Act, which wasadded by section 305 of the Gramm-Leach-Bliley Act.Section 47 directs the agencies jointly to prescribe and publish consumer protectionregulations that apply to retail sales practices, solicitations, advertising, or offers of any insur-ance product by a depository institution or any person that is engaged in such activities at anoffice of the institution or on behalf of the institution.The Board must receive comments by October 5, 2000. Please address comments toJennifer J. Johnson, Secretary, Board of Governors of the Federal Reserve System, 20th and CStreets, N.W., Washington, DC 20551. Also, you may mail comments electronically toregs.comments@federalreserve.gov. All comments should refer to Docket No. R-1079.AT TACHMENTA copy of the Board’s notice as it appears on pages 50882–902, Vol. ...