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WASHINGTON – �౦��Ϸ����’s (�౦��Ϸ����) Board of Directors today approved the withdrawal of three outstanding proposed rules relating to brokered deposits, corporate governance, and the Change in Bank Control Act (CBCA). The �౦��Ϸ���� is also withdrawing authority for staff to publish in the Federal Register a proposed rule related to incentive-based compensation arrangements. 

• The brokered deposits proposal was published in the Federal Register on August 23, 2024 and would have significantly disrupted many aspects of the deposit landscape. 
• The corporate governance proposal was published in the Federal Register on October 11, 2023 and would have created a number of overly prescriptive and process-oriented expectations for management and boards of directors of �౦��Ϸ����-supervised institutions with $10 billion or more in total consolidated assets. 
• The proposal related to the CBCA was published in the Federal Register on August, 19, 2024 and would have removed an exemption from the requirement to submit a notice to the �౦��Ϸ���� for an acquisition of voting securities of a depository institution holding company for which the Federal Reserve reviews a CBCA notice. 
• The proposal related to incentive-based compensation arrangements was approved by the �౦��Ϸ���� Board on May 3, 2024, but was never published in the Federal Register. 

If the �౦��Ϸ���� pursues regulatory action on these matters in the future, it will do so by publishing new proposals or other issuances consistent with the Administrative Procedure Act.