12 CFR Part 1310 - AUTHORITY TO REQUIRE SUPERVISION AND REGULATION OF CERTAIN NONBANK FINANCIAL COMPANIES | US Law

Authority:

12 U.S.C. 5321; 12 U.S.C. 5322; 12 U.S.C. 5323.

Source:

77 FR 21651, Apr. 11, 2012, unless otherwise noted.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.

United States Code

U.S. Code: Title 12 - BANKS AND BANKING

§ 5321 - Financial Stability Oversight Council established

§ 5322 - Council authority

§ 5323 - Authority to require supervision and regulation of certain nonbank financial companies

Title 12 published on 09-Jun-2018 03:57

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR Part 1310 after this date.

2012-04-11; vol. 77 # 70 - Wednesday, April 11, 2012

77 FR 21637 - Authority To Require Supervision and Regulation of Certain Nonbank Financial Companies

GPO FDSys XML | Text

Additional Documents

type	regulations.gov
FR Doc.	2012-8627
RIN	4030-AA00

FINANCIAL STABILITY OVERSIGHT COUNCIL

Final rule and interpretive guidance.

Effective date: May 11, 2012.

12 CFR Part 1310

Summary

Section 113 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) authorizes the Financial Stability Oversight Council (the “Council”) to determine that a nonbank financial company shall be supervised by the Board of Governors of the Federal Reserve System (the “Board of Governors”) and shall be subject to prudential standards, in accordance with Title I of the Dodd-Frank Act, if the Council determines that material financial distress at the nonbank financial company, or the nature, scope, size, scale, concentration, interconnectedness, or mix of the activities of the nonbank financial company, could pose a threat to the financial stability of the United States. This final rule and the interpretive guidance attached as an appendix thereto describe the manner in which the Council intends to apply the statutory standards and considerations, and the processes and procedures that the Council intends to follow, in making determinations under section 113 of the Dodd-Frank Act.