open door policy

FDIC Open Door Policy for Regulatory Reform Rulemaking

On August 12, the FDIC announced an open door policy to make it easier for the public to comment on and track the rulemaking process as it implements reforms required by the Dodd-Frank Act. The FDIC will hold a series of roundtable discussions on implementation issues and will allow any interested party to request a meeting with FDIC officials. In addition, the FDIC will release, on a bi-weekly basis, the names and affiliations of private sector individuals who meet with senior FDIC officials to discuss implementation, and the subject matter of these meetings. The FDIC will also publish notices on major developments, bill summaries, and fact sheets to provide updated information about policy decisions. Release.