to represent, suggest or imply that any deposit 
liability, obligation, certificate or share is in-
sured or guaranteed by the Federal Deposit In-
surance Corporation, if such deposit liability, 
obligation, certificate, or share is not insured or 
guaranteed by the Corporation. 
‘‘(B) PROHIBITION
ON
MISREPRESENTA-
TIONS OF INSURED STATUS.—No person may 
knowingly misrepresent— 
‘‘(i) that any deposit liability, obliga-
tion, certificate, or share is federally in-
sured, if such deposit liability, obligation, 
certificate, or share is not insured by the 
Corporation; or 
‘‘(ii) the extent to which or the man-
ner in which any deposit liability, obliga-
tion, certificate, or share is insured by the 
Federal Deposit Insurance Corporation, if 
such deposit liability, obligation, certificate, 
or share is not insured by the Corporation 
to the extent or in the manner represented. 
‘‘(C) AUTHORITY OF FDIC.—The Corpora-
tion shall have—
‘‘(i) jurisdiction over any person that 
violates this paragraph, or aids or abets 
the violation of this paragraph; and 
‘‘(ii) for purposes of enforcing the re-
quirements of this paragraph with regard 
to any person— 
‘‘(I) the authority of the Cor-
poration under section 10(c) to con-
duct investigations; and 
‘‘(II) the enforcement authority 
of the Corporation under subsections 
(b), (c), (d) and (i) of section 8, 
as if such person were a state nonmember in-
sured bank. 
‘‘(D) OTHER
ACTIONS
PRESERVED.—No 
provision of this paragraph shall be construed 
as barring any action otherwise available, under 
the laws of the United States or any State, to 
any Federal or State law enforcement agency or 
individual.’’. 
(b) ENFORCEMENT ORDERS.—Section 8(c) of the 
Federal Deposit Insurance Act (12 U.S.C. 1818(c)) is 
amended by adding at the end the following new para-
graph:
‘‘(4) FALSE
ADVERTISING
OR
MISUSE
OF 
NAMES TO INDICATE INSURED STATUS.— 
‘‘(A) TEMPORARY ORDER.— 
‘‘(i) IN
GENERAL.—If a notice of 
charges served under subsection (b)(1) of 
this section specifies on the basis of par-
ticular facts that any person is engaged in 
conduct described in section 18(a)(4), the 
Corporation may issue a temporary order 
requiring— 
‘‘(I) the immediate cessation of 
any activity or practice described, 
which gave rise to the notice of 
charges; and 
‘‘(II) affirmative action to pre-
vent any further, or to remedy any ex-
isting, violation. 
‘‘(ii) EFFECT OF ORDER.—Any tem-
porary order issued under this subpara-
graph shall take effect upon service. 
‘‘(B) EFFECTIVE PERIOD OF TEMPORARY 
ORDER.—A temporary order issued under sub-
paragraph (A) shall remain effective and en-
forceable, pending the completion of an admin-
istrative proceeding pursuant to subsection
(b)(1) in connection with the notice of 
charges— 
‘‘(i) until such time as the Corpora-
tion shall dismiss the charges specified in 
such notice; or 
‘‘(ii) if a cease-and-desist order is 
issued against such person, until the effec-
tive date of such order. 
‘‘(C) CIVIL MONEY PENALTIES.—Violations 
of section 18(a)(4) shall be subject to civil 
money penalties as set forth in subsection (i) in 
an amount not to exceed $1,000,000 for each 
day during which the violation occurs or con-
tinues.’’. 
(c) TECHNICAL AND CONFORMING AMENDMENTS.— 
(1) Section 18(a)(3) of the Federal Deposit In-
surance Act (12 U.S.C. 1828(a)) is amended— 
(A) by striking ‘‘this subsection’’ the first 
place such term appears and inserting ‘‘para-
graph (1)’’; and 
(B) by striking ‘‘this subsection’’ the sec-
ond place such term appears and inserting 
‘‘paragraph (2)’’. 
(2) The heading for subsection (a) of section 18 
of the Federal Deposit Insurance Act (12 U.S.C.