On June 18th, the FDIC published amendments to its definition of "financial activities" as set forth in Section 380.8 of the FDIC's March 23, 2011 notice of proposed rulemaking concerning its Orderly Liquidation Authority. The March 23rd notice proposed standards for determining if a company is predominantly engaged in financial activities for purposes of Title II of the Dodd-Frank Act. Provisions of the March 23rd notice other than Section 380.8 already have been finalized. Based on a number of factors, the FDIC believes that it is necessary to clarify the scope of the activities that would be considered to be financial activities. Comments should be submitted on or before August 17, 2012. 77 FR 36194.