Grounds for cease-and-desist orders.

CFR · 2024-01-01 · US · Title 12

(a) (b) (1) The act, violation or practice has been, is, or is likely to be a cause of, or carried on in connection with or in furtherance of, an act, violation or practice committed within any state, territory, or possession of the United States or the District of Columbia which act, violation or practice, in and of itself, would be an appropriate basis for action by the FDIC; or (2) The act, violation or practice, if proven, would adversely affect the insurance risk of the FDIC.

official document · source cfr-2024 · id 12:§ 308.128