Section 1506 of the Dodd-Frank Wall Street and Reform Consumer Protection Act 2010 requires that the Federal Deposit Insurance Corporation (“FDIC”) conduct a study to evaluate: the definition of core deposits for the purpose of calculating insurance premiums; the potential impact on the Deposit Insurance Fund of revising the definitions of brokered deposits and core deposits to better distinguish between them; (differences between core deposits and brokered deposits and their role in the economy and U.S. banking sector; the potential stimulative effect on local economies of redefining core deposits; and the competitive parity between large institutions and community banks resulting from redefining core deposits and brokered deposits. The report concludes that: (i) the concepts of core and brokered deposits, as currently defined, remain useful in evaluating and predicting bank performance; (ii) the brokered deposit statute continues to serve an essential function and recommends that Congress not amend or repeal it; and (iii) for supervisory and assessment purposes, the statute is sufficiently flexible to allow the FDIC to treat deposits, including new forms of brokered deposits, appropriately.