WALL STREET REFORM AND CONSUMER PROTECTION
Title 12 - Banks and Banking
Definitions
Severability
Antitrust savings clause
Financial Stability Oversight Council established
Council authority
Authority to require supervision and regulation of certain nonbank financial companies
Registration of nonbank financial companies supervised by the Board of Governors
Enhanced supervision and prudential standards for nonbank financial companies supervised by the Board of Governors and certain bank holding companies
Reports
Treatment of certain companies that cease to be bank holding companies
Council funding
Resolution of supervisory jurisdictional disputes among member agencies
Additional standards applicable to activities or practices for financial stability purposes
Mitigation of risks to financial stability
GAO audit of Council
Study of the effects of size and complexity of financial institutions on capital market efficiency and economic growth
Data standards
Open data publication
Office of Financial Research established
Purpose and duties of the Office
Organizational structure; responsibilities of primary programmatic units
Funding
Transition oversight
Reports by and examinations of nonbank financial companies by the Board of Governors
Enforcement
Acquisitions
Prohibition against management interlocks between certain financial companies
Early remediation requirements
Affiliations
Regulations
Avoiding duplication
Safe harbor
Leverage and risk-based capital requirements
Rule of construction
International policy coordination
Judicial review
Systemic risk determination
Orderly liquidation of covered financial companies
Orderly liquidation of covered brokers and dealers
Mandatory terms and conditions for all orderly liquidation actions
Directors not liable for acquiescing in appointment of receiver
Dismissal and exclusion of other actions
Rulemaking; non-conflicting law
Powers and duties of the Corporation
Inspector General reviews
Prohibition of circumvention and prevention of conflicts of interest
Ban on certain activities by senior executives and directors
Prohibition on taxpayer funding
Purposes
Definition
Transfer date
Powers and duties transferred
Abolishment
Savings provisions
References in Federal law to Federal banking agencies
Contracting and leasing authority
Interim use of funds, personnel, and property of the Office of Thrift Supervision
Transfer of employees
Property transferred
Funds transferred
Disposition of affairs
Continuation of services
Implementation plan and reports
Branching
Office of Minority and Women Inclusion
Findings and purposes
Designation of systemic importance
Standards for systemically important financial market utilities and payment, clearing, or settlement activities
Operations of designated financial market utilities
Examination of and enforcement actions against designated financial market utilities
Examination of and enforcement actions against financial institutions subject to standards for designated activities
Requests for information, reports, or records
Rulemaking
Other authority
Consultation
Common framework for designated clearing entity risk management
Establishment of the Bureau of Consumer Financial Protection
Executive and administrative powers
Administration
Consumer Advisory Board
Coordination
Appearances before and reports to Congress
Annual audits
GAO study of financial regulations
Funding; penalties and fines
Purpose, objectives, and functions
Rulemaking authority
Review of Bureau regulations
Supervision of nondepository covered persons
Supervision of very large banks, savings associations, and credit unions
Other banks, savings associations, and credit unions
Limitations on authorities of the Bureau; preservation of authorities
Authority to restrict mandatory pre-dispute arbitration
Exclusion for auto dealers
Prohibiting unfair, deceptive, or abusive acts or practices
Disclosures
Consumer rights to access information
Response to consumer complaints and inquiries
Private Education Loan Ombudsman
Prohibited acts
Senior investor protections
Mortgage loans; rulemaking procedures; enforcement
Relation to State law
Preservation of enforcement powers of States
Preservation of existing contracts
Investigations and administrative discovery
Hearings and adjudication proceedings
Litigation authority
Relief available
Referrals for criminal proceedings
Employee protection
Transfer of consumer financial protection functions
Designated transfer date
Transfer of certain personnel
Incidental transfers
Interim authority of the Secretary
Remittance transfers
Reverse mortgage study and regulations
Review, report, and program with respect to exchange facilitators
Liquidity event determination
Emergency financial stabilization
Additional related matters
Exercise of Federal Reserve authority
Purpose
Expanded access to mainstream financial institutions
Low-cost alternatives to small dollar loans
Procedural provisions
Authorization of appropriations
Evaluation and reports to Congress
Enhanced compensation structure reporting