12 CFR 349.20
§ 349.20 Capital requirements.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 349.20, § 349.20 Capital requirements, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/46927
- Permanent ID
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Full text
An FDIC-supervised insured depository institution offering or entering into retail forex transactions must be well capitalized as defined by 12 CFR part 324, unless specifically exempted by the FDIC in writing.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.