ICD has responded to industry-wide investor concerns about safe haven replacements for cash as the Dodd-Frank Act provision extending unlimited FDIC insurance for bank deposits expires on December 31, 2012 with the publication of its 2013 Corporate Treasury Investment Guide'. It is estimated that as much as $1.6 trillion in corporate cash moved to banks after a temporary emergency government provision – known as the Transaction Account Guarantee (TAG) program – was implemented providing unlimited FDIC insurance for non-interest bearing bank accounts.

The 2013 Corporate Treasury Investment Guide, which summarizes various available investment options in the market and analyses them based on preservation of capital, liquidity and yield in today's global economic environment, see figure:

Source & Copyright©2013- ICD

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The ending of the TAG program can only speed the flows of cash and deposits away from the small, local banks.