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Dodd-Frank unlimited lawyer IOTA funds FDIC deposit insurance provision apparently was not renewed by Congress and expired on 12/31/12 and only trust funds up to $250,000.00 per client ledger will be insured

Hello everyone and welcome to this Ethics Alert blog to advise everyone of the apparent expiration on December 31, 2012 of the Dodd-Frank Deposit FDIC Insurance provision which provided for the unlimited deposit insurance coverage for Interest on Lawyer Trust Accounts (IOLTAs) which are called IOTA trust accounts in Florida. The federal insurance will now Read More

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