prudential regulator

(39) Prudential regulator The term “prudential regulator” means— (A) the Board in the case of a swap dealer, major swap participant, security-based swap dealer, or major security-based swap participant that is— (i) a State-chartered bank that is a member of the Federal Reserve System; (ii) a State-chartered branch or agency of a foreign bank; (iii) any foreign bank which does not operate an insured branch; (iv) any organization operating under section 25A of the Federal Reserve Act [ 12 U.S.C. 611 et seq.] or having an agreement with the Board under section 225 of the Federal Reserve Act ; (v) any bank holding company (as defined in section 2 of the Bank Holding Company Act of 1965 4 ( 12 U.S.C. 1841 )), any foreign bank (as defined in section 3101(7) of title 12 ) that is treated as a bank holding company under section 3106(a) of title 12 , and any subsidiary of such a company or foreign bank (other than a subsidiary that is described in subparagraph (A) or (B) or that is required to be registered with the Commission as a swap dealer or major swap participant under this chapter or with the Securities and Exchange Commission as a security-based swap dealer or major security-based swap participant); (vi) after the transfer date (as defined in section 311 of the Dodd-Frank Wall Street Reform and Consumer Protection Act [ 12 U.S.C. 5411 ]), any savings and loan holding company (as defined in section 1467a of title 12 ) and any subsidiary of such company (other than a subsidiary that is described in subparagraph (A) or (B) or that is required to be registered as a swap dealer or major swap participant with the Commission under this chapter or with the Securities and Exchange Commission as a security-based swap dealer or major security-based swap participant); or (vii) any organization operating under section 25A of the Federal Reserve Act ( 12 U.S.C. 611 et seq.) or having an agreement with the Board under section 25 of the Federal Reserve Act ( 12 U.S.C. 601 et seq.); (B) the Office of the Comptroller of the Currency in the case of a swap dealer, major swap participant, security-based swap dealer, or major security-based swap participant that is— (i) a national bank; (ii) a federally chartered branch or agency of a foreign bank; or (iii) any Federal savings association; (C) the Federal Deposit Insurance Corporation in the case of a swap dealer, major swap participant, security-based swap dealer, or major security-based swap participant that is— (i) a State-chartered bank that is not a member of the Federal Reserve System; or (ii) any State savings association; (D) the Farm Credit Administration, in the case of a swap dealer, major swap participant, security-based swap dealer, or major security-based swap participant that is an institution chartered under the Farm Credit Act of 1971 ( 12 U.S.C. 2001 et seq.); and (E) the Federal Housing Finance Agency in the case of a swap dealer, major swap participant, security-based swap dealer, or major security-based swap participant that is a regulated entity (as such term is defined in section 4502 of title 12 ).

Source

7 USC § 1a(39)


Scoping language

As used in this chapter
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