Member Area



Regulatory Action Database
Dodd-Frank Wall Street Reform and Consumer Protection Act

Agency:
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Item #AgencyAction TypeActionSection (Start)Sub-SectionDeadlineCategory
283GAOStudyGAO shall conduct a study the impact of the amendments made by this Act to Section 404(b) of the Sarbanes-Oxley Act of 2002 (15 USC 7262(b)), which shall include an analysis of (i) whether issuers that are exempt from such section have fewer or more restatements of published accounting statements than issuers that are required to comply with such section; (ii) effects in cost of capital, among others989I(a)3 years after enactmentBank Regulation
282SECStudySEC shall conduct a study to determine how they could reduce the burden of complying with Section 404(b) of the Sarbanes-Oxley Act of 2002 for companies whose market capitalization is between $75,000,000 and $250,000,000 for the relevant reporting period while maintaining investor protections for such companies989G(b)9 months after enactmentBank Regulation
281GAOStudyGAO shall conduct a study of person to person lending to determine the optimal Federal regulatory structure. GAO shall consult with Federal banking agencies, SEC, consumer groups, outside experts, and the person to person lending industry and shall submit a report on the study to the Congressional Banking Committees989F(a)1 year after enactmentBank Regulation
280StateGovRule MakingGrants of authority to states are contingent on states limiting use of misleading designations for persons selling securities and insurance and adopting suitability rules for recommendations for of securities and insurance, including annuities.989A   
238SECStudySEC shall carry out a study of—(1) the credit rating process for structured finance products and the conflicts of interest associated with the issuer-pay and the subscriber-pay models; (2) the feasibility of establishing a system in which a public or private utility or a self-regulatory organization assigns nationally recognized statistical rating organizations939F(b)2 years after enactmentCRA
239SECRule MakingSEC shall establish a system for the assignment of nationally recognized statistical rating organizations to determine the initial credit ratings of structured finance products939F(d) CRA
237GAOStudyGAO must conduct a study on the feasibility and merits of creating an independent professional organization for analysts employed by NRSROs and submit a report with its findings and recommendations to the Congressional Banking Committees939E(a)1 year after enactmentCRA
236GAOStudyGAO must conduct a study on alternative means for compensation in NRSROs and submit a report with its findings and recommendations to the Congressional Banking Committees939D(a)18 months after enactmentCRA
235SECStudySEC shall conduct a study of the independence of nationally recognized statistical rating organizations939C(a)3 years after enactmentCRA
234SECRule MakingSEC shall revise Regulation FD (17 C.F.R. 243.100) to remove from such regulation the exemption for entities whose primary business is the issuance of credit ratings (17 C.F.R. 243.100(b)(2)(iii))939BB90 days after enactmentCRA
233SEC; CFTCRule MakingEach Federal agency shall, to the extent applicable, review (i) any regulation issued by such agency that requires the use of an assessment of the credit-worthiness of a security or money market instrument; and (ii) any references to or requirements in such regulations regarding credit ratings. Each such agency shall modify any such regulations identified by the review conducted. Upon conclusion of the review required under Section 939A(a), each Federal agency shall transmit a report to Congress containing a description of any modification of any regulation such agency made.939A(a)1 year after enactmentCRA
221GAOStudyGAO must conduct a study on the impact of authorizing a private right of action against any person who aids or abets another person in violation of the securities laws.929Z(a)1 year after enactmentPrivate Right of Action for Aiding and Abetting (Stoneridge)
220SECStudySEC shall conduct a study to determine the extent to which private rights of action under the antifraud provisions of the Exchange Act (15 USC 78u-4) should be extended to cover (i) conduct within the U.S. even if the securities transaction occurs outside the U.S. and involves only foreign investors; and (ii) conduct outside the U.S. that has a foreseeable substantial effect within the U.S.929Y(a)18 months after enactmentPrivate Right of Action for Foreign-cubed Conduct (Nat'l Australia Bank case)
217SECRule MakingSEC shall require public disclosure (at least monthly) of the name of the issuer and the title, class, CUSIP number, aggregate amount of the number of short sales of each security, and any additional information determined by SEC following the end of the reporting period929X(a) Short Sales
218SECRule MakingSEC shall prohibit manipulative short sales of any security929X(b) Short Sales
219SECRule MakingSEC authorized to prescribe the form, content, time, and manner of delivery of any notice required when a broker or dealer uses consumer securities in connection with short sales929X(c) Short Sales
216SECRule MakingSEC shall revise its regulations in Section 240.17Ad–17 of title 17, Code of Federal Regulations, as in effect on December 8, 1997 to extend the application of such section to brokers and dealers929W 1 year after enactmentNotice to Missing Security Holders
210GAOStudyGAO must study the effectiveness of state and federal regulations to protect consumers from misleading financial advisor designations, the regulation of financial planners and other matters, and submit a report with its findings and recommendations to the Congressional Banking Committees919C(a)180 days after enactmentFinancial Adviser Designations; Financial Planner Regulation
208SECStudySEC must conduct study, including recommendations, on ways to improve investors’ access to registration information about investment advisers, broker-dealers and their associated persons, and to identify additional information that should be made publicly available919B(a)6 months after enactmentAccess to CRD / Registration Info about IAs and BDs
209SECRule MakingSEC must implement recommendations from the study required by Section 919B919B(b)18 months after completion of 919B StudyAccess to CRD / Registration Info about IAs and BDs
207GAOStudyGAO shall study potential conflicts of interest that exist between the staffs of the investment banking and equity and fixed income securities analyst functions within the same firm919A(a)18 months after enactmentInvestment Banking & Research Analyst Conflicts
358SECRule MakingSEC must require disclosure of information regarding conflict minerals from the Congo1502(b)270 days after enactment 
357OCC; OTSRule MakingOCC and OTS shall update requirements to reflect amendments re reporting of mortgage data by state1493(b)60 days after enactmentMortgages
356GAOStudyGAO shall conduct a study of the current inter-agency efforts of the Secretary of the Treasury, the Secretary of Housing and Urban Development, the Attorney General, and FTC to crackdown on mortgage foreclosure rescue scams and loan modification fraud; It shall then submit a report of its findings to Congress1492(a-b) Mortgages
352TreasuryRule MakingThe Secretary of the Treasury shall revise the guidelines for the Home Affordable Modification Program of the Making Home Affordable initiative to provide that the data being collected by the Secretary from each mortgage servicer and lender participating in the Program is made public in accordance with subsection (b) of Section 14831483(a) Mortgages
353TreasuryReportReports shall be made publicly available by means of a World Wide Web site of the Secretary, and by submitting a report to the Congress regarding requests for mortgage modifications1483(b)(1)14 days after each monthly submission of data by mortgage servicers & lendersMortgages
354TreasuryReportThe Secretary shall make data tables available to the public at the individual record level1483(b)(2)60 days after each monthly deadline for submission of data by mortgage servicers & lendersMortgages
355TreasuryRule MakingThe Secretary shall issue regulations prescribing (A) the procedures for disclosing such data re: mortgage modifications to the public; and (B) such deletions as the Secretary may determine to be appropriate1483(b)(2) Mortgages
350TreasuryRule MakingTreasury shall establish procedures to ensure that persons convicted of a mortgage or real estate related crime, are not eligible to receive assistance from certain affordability programs1481(d)(1) Mortgages
351TreasuryReportReport to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate preventing the qualification of criminal applicants to the Multifamily resolution program1481(d)(3) Mortgages
347GAOStudyGAO shall study the effectiveness and impact of appraisal methods including valuation models, licensed and certified appraisals, distribution channels, home valuation code of conduct, etc.1476(a)1 year after enactmentMortgages
348GAOStudyGAO shall provide a status of the study imposed by Section 1476(a)1476(b)(2)90 days after enactmentMortgages
349GAOStudyGAO shall study the Appraisals Subcommittee's ability to monitor and enforce State and Federal certification requirements, existing exemptions, data collection, and recommendations and report findings to Congress1476(d)18 months after enactmentMortgages
344FRB; CFPB, FDIC, FHFA, NCUAB, OCCRule MakingFRB, GAO, FDIC, NCUA, FHFA, and CFPB shall jointly establish by rule the minimum requirements to be applied by a State in the registration of appraisal management companies1473(f)(2) Mortgages
345FRB; CFPB, FDIC, FHFA, NCUAB, OCCRule MakingFRB, GAO, FDIC, NCUA, FHFA, and CFPB shall jointly promulgate regulations for the reporting of the activities of appraisal management companies to the Appraisal Subcommittee in determining the payment of the annual registry fee1473(f)(2) Mortgages
346FRB; CFPB, FDIC, FHFA, NCUAB, OCCRule MakingIn consultation with the staff of the Appraisal Subcommittee and the Appraisal Standards Board of the Appraisal Foundation and others, agencies shall promulgate regulations to implement the quality control standards required for Automated Valuation Models to estimate collateral value for mortgage lending purposes1473(q) Mortgages
342FRB; CFPB, FDIC, FHFA, NCUAB, OCCRule MakingFRB, GAO, FDIC, NCUA, FHFA, and CFPB shall jointly establish acts or practices that violate appraisal independence in mortgage lending1472(a) Mortgages
343FRBRule MakingFRB shall prescribe interim final rules defining the acts or practices that violate appraisal independence1472(a)90 days after enactmentMortgages
341FRB; CFPB, FDIC, FHFA, NCUAB, OCCRule MakingFRB, GAO, FDIC, NCUA, FHFA, and CFPB shall jointly prescribe regulations to implement Section 1471 requirements regarding home appraisal requirements.1471  Mortgages
340FRBRule MakingThe Board may, by regulation, exempt from the requirements of subsection (a) a creditor that—(1) operates predominantly in rural or underserved areas; (2) together with all affiliates, has total annual mortgage loan originations that do not exceed a limit set by the Board; (3) retains its mortgage loan originations in portfolio; and (4) meets any asset size threshold and any other criteria the Board may establish, consistent with the purposes of this subtitle1461(a) Mortgages
339FRBRule MakingFRB may prescribe such regulations as the Board determines to be appropriate to carry out the requirements of paragraph (1) of Section 1433 that necessitates certification from a counselor for high cost mortgages1433(e) Mortgages
338GAOStudyThe Comptroller General shall conduct a study to determine the effects the enactment of this Act will have on the availability and affordability of credit for consumers, small businesses, homebuyers, and mortgage lending and report findings to Congress1421(a-b)1 year after enactmentMortgages
337FRBRule MakingFRB shall prohibit or condition terms of residential mortgage loans that the FRB finds to be abusive, unfair, deceptive, or predatory, necessary to ensure the availability of credit to consumers1405(a) Mortgages
336FRBRule MakingFRB shall prohibit mortgage originators from engaging in deceptive and abusive lending practices1403  Mortgages
335FRBRule MakingFRB shall require depository institutions to establish and maintain procedures reasonably designed to assure and monitor the compliance of such depository institutions, the subsidiaries of such institutions, and the employees of such institutions or subsidiaries with the requirements of Section 1402 and the registration procedures established under Section 1507 of the Secure and Fair Enforcement for Mortgage Licensing Act of 20081402(a)(2) Mortgages
334TreasuryReportTreasury Secretary must submit annual report to the Congressional Banking Committees describing the activities funded, amounts distributed and measurable results of Title XII for each year that any such activities are in place1210 Annual 
333TreasuryRule MakingTreasury Secretary authorized to establish grant and other programs regarding high cost small dollar loan substitutes1205(a)  
332TreasuryRule MakingTreasury Secretary authorized to establish grant and other programs to improve access to financial services for low and moderate income Americans1204(a)  
330GAOStudyGAO must perform one time audit of all loans and other financial assistance from December 1, 2007 through enactment of this Act, by the FRB or a Federal reserve bank under various programs and submit a report of the audit to Congress1109(a)(1)Audit must commence with 30 days of enactment; report submitted 1 year after enactmentSystemic Risk
331GAOStudyGAO must perform an audit of the Federal reserve bank system governance and submit a report of the audit to Congress1109(b)(1)1 year after enactment; report must be submitted within 90 days of completionSystemic Risk
329FDICRule MakingFDIC, in consultation with the Treasury Secretary, must adopt by regulation policies and procedures to govern the Emergency Financial Stabilization Authority1105(b)ASAP after enactmentSystemic Risk
328FRBRule MakingFRB must publish on its website the identity of borrowers and terms of assistance provided under FRB facilities and programs between December 1, 2007 and enactment of this Act including the Term Auction Facility1103(b)By December 1, 2010Systemic Risk
327FRBRule MakingFRB, in consultation with Treasury must issue rules establishing policies and procedures regarding its emergency lending authority under Section 13(3) of the Federal Reserve Act, including certain policies required by the Act1101(a)(6)ASAP after enactmentSystemic Risk
326CFPBRule MakingCFPB is authorized to promulgate regulations setting minimum net worth or surety bond requirements for residential mortgage loan originators and minimum requirements for recovery funds paid into by loan originators1100  CFPB
325CFPBRule MakingCFPB shall publish a single, integrated disclosure for mortgage loan transactions to aid the borrower in understanding the transaction with easy to understand terms1098  CFPB
324CFPBRule MakingCFCB may prescribe regulations that permit transactions that are determined to be necessary and appropriate to protect legitimate operational, transactional, risk, consumer, and other needs consistent with the intent of paragraph (2) to restrict the use of medical information for inappropriate purposes1088(a)(2) - (5) CFPB
323FRBRule MakingFRB shall have the authority to carry out the purposes of the Equal Credit Opportunity Act with respect to persons described in Section 1029(a) of the CFPA (auto dealers)1085  CFPB
322FRBRule MakingFRB shall have the authority to carry out the purposes of Section 920 of the Electronic Fund Transfer Act with respect to persons described in Section 1029(a) of the CFPA (auto dealers)1084  CFPB
321CFPBRule MakingCFPB authorized to regulate alternative mortgage transactions1083(a) CFPB
319CFPBReportCFPB shall review all Federal laws and regulations relating to the protection of consumers who use exchange facilitators for transactions primarily for personal, family, or household purposes, and recommendations for legislation and regulations and report findings to Congress1079(a-b)1 year after the transfer date.CFPB
320CFPBRule MakingCFPB shall propose regulations to establish a program to protect consumers who use exchange facilitators1079(c)2 years after submission of 1079(b) reportCFPB
318CFPBStudyCFPB shall study the nature, range, and size of variations between the credit scores sold to creditors and those sold to consumers by consumer reporting agencies that compile and maintain files on consumers on a nationwide basis1078(a)1 year after enactmentCFPB
317DeptEStudyDept of Ed shall consult with FTC and Congressional Committees to conduct a study of private education loans and lenders1077(a)2 years after enactmentCFPB
315CFPBStudyCFPB shall conduct a study on reverse mortgage transactions1076(a)1 year after the transfer dateCFPB
316CFPBRule MakingCFPB authorized to impose conditions or limitations on reverse mortgage transactions if the Section 1076(a) study reveals a need for such conditions1076(b) CFPB
309FRBRule MakingFRB shall prescribe regulations to establish standards for assessing whether the amount of any interchange transaction fee is reasonable and proportional to the cost incurred by the issuer with respect to the transaction1075(a)9 months after enactmentTransaction Fees
310FRBRule MakingFRB shall prescribe regulations in final form not later than 9 months after enactment to establish standards for making adjustments for transaction fees for fraud prevention costs1075(a)9 months after enactmentTransaction Fees
311FRBReportFRB shall report on (i) the prevalence of the use of general-use prepaid cards in Federal, State or local government-administered payment programs; and the interchange transaction fees and cardholder fees charged with respect to the use of such general-use prepaid cards1075(a)Annual; beginning 1 year after enactmentTransaction Fees
312FRBRule MakingFRB shall prescribe regulations regarding network fees within the limitations listed in this subsection1075(a)9 months after enactmentTransaction Fees
313FRBRule MakingFRB shall prescribe that an issuer or payment card network shall not inhibit the ability of any person who accepts debit cards for payments to direct the routing of electronic debit transactions for processing over any payment card network that may process such transactions1075(a)1 year after enactmentTransaction Fees
314FRBRule MakingFRB shall prescribe that an issuer or payment card network shall not restrict the number of payment card networks on which an electronic debit transaction may be processed1075(a)1 year after enactmentTransaction Fees
308TreasuryStudyTreasury shall study and develop recommendations on the options for ending the conservatorships of Fannie Mae and Freddie Mac, and submit a report of the findings to Congress1074(a-b)Not later than January 31, 2011CFPB
300FRBRule MakingFRB shall prescribe rules to implement appropriate standards or conditions of, liability of a remittance transfer provider, including a provider who acts through an agent or authorized delegate1073(a) CFPB
301FRBRule MakingFRB authorized to address issues involving a recipient nation that does not allow a remittance transfer provider to know the amount of currency that will be received by the designated recipient1073(a)18 months after enactmentCFPB
302FRBRule MakingFRB shall establish standards for remittance transfer providers re: error resolution to protect senders from errors, including recordkeeping and documentation1073(a)18 months after enactmentCFPB
303FRBRule MakingFRB may prescribe rules to require a remittance transfer provider to prominently post, and timely update, a notice describing a model remittance transfer for one or more amounts, as the Board may determine, which notice shall show the amount of currency that will be received by the designated recipient, using the values of the currency into which the funds will be exchanged1073(a)(6)(A) CFPB
304FRBStudyFRB shall undertake appropriate studies and analyses, which shall be consistent with Section 904(a)(2), and may include an advanced notice of proposed rulemaking, to determine whether a storefront notice or Internet notice facilitates the ability of a consumer to compare prices and understand transfer fees and costs1073(a)(6)(B)Prior to prescribing rules under 1074(A)CFPB
305FRBReportFRB shall submit a report on the status of the automated clearinghouse system for remittance of transfers with foreign countries1073(b)(2)1 year after enactment and biennially thereafter for 10 yearsCFPB
306FRBRule MakingFRB shall issue final rules regarding appropriate remittance transfer cancellation and refund policies for consumers1073(d)(3)18 months after enactmentCFPB
307CFPBStudyCFPB shall report (1) the manner in which the remittance history of a consumer could be used to enhance the credit score of the consumer; (2) the current legal and business model barriers and impediments that impede the use of the remittance history of the consumer to enhance the credit score of the consumer; and (3) recommendations on the manner in which maximum transparency and disclosure to consumers of exchange rates for remittance transfers subject to this title and the amendments made by this title may be accomplished1073(e)365 days after enactmentCFPB
299CFPBRule MakingCFPB shall prescribe such rules and issue such guidance as may be necessary to carry out, enforce, and compile data pursuant to this section1071(a) - (g) CFPB
298CFPBRule MakingCFPB shall prescribe regulations to implement the requirements of this section (Concerning the effect of Title X on state law, the enforcement powers of states, and preemption of state consumer financial protection laws by federal law) and, from time to time, provide guidance in order to further coordinate actions with the State attorneys general and other regulators1042(c) CFPB
297CFPBRule MakingCFPB may prescribe rules applicable to a covered person or service provider identifying as unlawful, unfair, deceptive, or abusive acts or practices in connection with any transaction or offering with a consumer for a consumer financial product or service, Rules under this section may include requirements for the purpose of preventing such acts or practices1031(b) CFPB
295CFPBRule MakingCFPB shall consult with FTC before issuing a rule to define "covered persons" subject to this section1024(a)(2)Initial rule must be issued within 1 year of enactmentCFPB
296CFPBRule MakingCFPB shall have the exclusive authority to prescribe rules, issue guidance, conduct examinations, require reports, or issue exemptions with regard to covered persons1024(d) CFPB
292CFPBRule MakingCFPB is authorized to exercise its authorities under Federal consumer financial law to administer, enforce, and otherwise implement the provisions of Federal consumer financial law1022(b)(1-4) CFPB
293CFPBReportCFPB shall publish at least one report per year regarding its significant findings from the monitoring of risks to consumers required by Section 1022(c)1022(c)(3)(A)Annual, beginning with the first calendar year that begins at least 1 year after the transfer dateCFPB
294CFPBReportCFPB shall conduct an assessment of each significant rule or order adopted by CFPB under Federal consumer financial law. The assessment shall address, among other relevant factors, the effectiveness of the rule or order in meeting the purposes and objectives of this title and the specific goals stated by CFPB1022(c)(3)(A)No later than 5 years after the effective date of the subject rule or orderCFPB
291CFPBReportReport to Congress regarding the financial operating plans and forecasts of the Director, the financial condition and results of operations of the Bureau, and the sources and application of funds of the Bureau, including any funds appropriated in accordance with this subsection1017(e)(4)AnnualCFPB
290CFPBReportCFPB shall submit semi-annual report to the President and Congress re: significant consumer protection issues, rules adopted, complaints received, actions taken, etc.1016(b)Semi-annualCFPB
286CFPBReportCFPB shall present an annual report to Congress on complaints received in the prior year re: consumer financial products & services1013(b)(3)(C)Annual (no later than March 31st)CFPB
287CFPBReportCFPB shall report on its financial literacy activities and its strategy to improve financial literacy of consumers1013(d)(4)24 months after the transfer date; annual thereafterCFPB
288GAOStudyGAO must conduct a study on the CFPB financial literacy program1013(d)(7)1 year after enactmentCFPB
289CFPBStudyCFPB (Office of Financial Protection for Older Americans) shall report to Congress and the SEC best practices for legislative and regulatory matters concerning senior investor protection1013(g)(3)(C)18 months after transfer dateCFPB
285CFPBRule MakingEstablishment of CFPB1011(a)Upon enactmentCFPB
284SECRule MakingSEC must make adjustments to fee rates in connection with transition to self-funding991(a)AnnualTransaction Fees
279GAOStudyGAO must conduct a study on the risks and conflicts associated with proprietary trading (including investing as principal in securities, commodities, derivatives, hedge funds and private equity) by and within insured depository institutions and their affiliates, BHCs and financial holding companies and their subsidiaries, and any other person the Comptroller General may determine, and submit a report with its findings to Congress989(b)15 months after enactmentVolcker Rule
278FRBReportInspector general of FRB, OCC, NCUA and FDIC must submit semi-annual report to his or her agency and Congress regarding Deposit Insurance Fund losses that are not material987(a)90 days after the relevant 6-month period (first 6-mo. period ended March 30, 2010)Bank Regulation; Deposit Insurance Fund Losses
277SECRule MakingSEC authorized to promulgate rules under general authority granted by Section 984(a) to increase transparency of information with respect to the lending or borrowing of securities to prohibit fraudulent, manipulative and deceptive devices under Section 10 of the Exchange Act984(b)2 years after enactmentSEC Regulation; Lending or Borrowing of Securities
275SECRule MakingSEC may require FINRA to assess a fee to fund the GASB978(a) Municipal Securities
276GAOStudySEC must evaluate the role of the GASB in the muni markets, GASB funding, and possible recommended changes to the GASB funding978(b)180 days after enactmentMunicipal Securities
273GAOStudyGAO must conduct a study on the municipal securities markets and submit a report with its findings and recommendations to the Congressional Banking Committees977(a)18 months after enactmentMunicipal Securities
274SECStudySEC must submit a response to the report required by Section 976 to the Congressional Banking Committees, describing the actions taken in response to the report977(c)180 days after receipt of GAO 977(a) reportMunicipal Securities
272GAOStudyGAO must conduct a study on the disclosure required to be made by issuers of municipal securities and submit a report with its findings and recommendations to Congress976(a)2 years after enactmentMunicipal Securities
268MSRBRule MakingMSRB effectively required to revise and supplement its rules generally in order to address the addition of "municipal advisor" as a new category of person subject to regulation and disciplinary authority975(a) Municipal Securities
269MSRBRule MakingMSRB authorized to establish information systems and charge reasonable fees to access such information975(b) Municipal Securities
270MSRBRule MakingMSRB authorized to promulgate rules regarding advice provided to or on behalf of a municipal entity or "obligated person" (persons committed to support payment of all or part of an issue of municipal securities) by broker-dealers, municipal securities dealers and municipal advisors975(b) Municipal Securities
271MSRBRule MakingMSRB must establish the terms and conditions under which any broker-dealer or municipal securities dealer may sell, or prohibit any of them from selling, any part of a new issue of municipal securities to a related account of a broker-dealer or to a municipal securities dealer during the underwriting period975(c) Municipal Securities
267SECRule MakingSEC must promulgate rules requiring an issuer’s annual proxy statements to disclose the reasons why the issuer chose to combine or separate the positions of chairperson of the board and CEO972 180 days after enactmentChairman and CEO Structures Disclosure
265SECRule MakingSEC may issue rules permitting the use by a shareholder of proxy solicitation materials supplied by an issuer of securities for the purpose of nominating individuals to membership on the board of directors of the issuer, under such terms and conditions as SEC determines are in the interests of shareholders and for the protection of investors971(b) Proxy Access
266SECRule MakingSEC may, by rule or order, exempt an issuer or class of issuers from the requirement made by Section 971(a) or an amendment made by this section, after consideration of whether the requirement in the amendment made by subsection (a) disproportionately burdens small issuers971(c) Proxy Access
264GAOStudyGAO must conduct a study on SEC employees leaving to the Financial sector968(a)1 year after enactmentSEC Management
263SECOtherSEC must hire an independent consultant to examine the internal operations, structure, funding, and the need for comprehensive reform of the SEC, as well as the SEC’s relationship with and the reliance on self-regulatory organizations and other entities relevant to the regulation of securities and the protection of securities investors that are under the SEC’s oversight967(a-b)Hire 90 days after enactment and report 150 days after hiringSEC Management
262SECReportSEC Inspector General must submit reports describing the nature, number and potential benefits of suggestions received at the hotline described in Section 966(a) regarding SEC employees and efficiency966(d)AnnualSEC Management
261GAOReportGAO must report to the Congressional Banking Committees evaluating the SEC’s oversight of registered national securities associations964(a)2 years after enactment; every 3 years thereafterSEC Management
259SECReportSEC must submit annual report to Congress describing the responsibility of SEC management for establishing and maintaining internal control structures and procedures for financial reporting, and assessing such controls and procedures963(a)6 months after the end of each fiscal yearSEC Management
260GAOReportGAO must submit annual report to Congress assessing the effectiveness of the SEC’s internal control procedures and structures963(b)6 months after the end of each fiscal yearSEC Management
257GAOReportGAO must submit triennial report that evaluates the quality of personnel management by the SEC962(a)3 years after enactment; every 3 years thereafterSEC Management
258SECReportSEC must submit a report to the Congressional Banking Committees describing the actions taken in response to the GAO triennial report, required by Section 962, evaluating the quality of the SEC’s personnel management962(d)90 days after submission of GAO report (filed every three years)SEC Management
255SECReportSEC must submit report on conduct of examinations & enforcement actions and review of filings to the Congressional Banking Committees961(a)90 days after the end of each fiscal yearSEC Management
256GAOReportGAO must review adequacy and effectiveness of internal supervisory control structure and procedures of SEC to the Congressional Budget Committees961(e)At least every 3 years, coinciding with SEC 961 reportsSEC Management
254SECRule MakingSEC authorized to determine "significant matters" with respect to which members of national securities exchanges may not vote securities absent instructions from the beneficial owner957  Executive Compensation & Accountability
252FRBRule MakingFederal regulators jointly shall prescribe regulations or guidelines to require each covered financial institution to disclose to the appropriate Federal regulator the structures of all incentive-based compensation arrangements offered by such covered financial institutions to determine whether they are excessive or could lead to material loss956(a)9 months after enactmentExecutive Compensation & Accountability
253FRBRule MakingFRB, in consultation with the OCC and FDIC, must promulgate rules prohibiting BHCs from providing excessive compensation, fees or benefits956(b)9 months after enactmentExecutive Compensation & Accountability
251SECRule MakingSEC must promulgate rules requiring each issuer to disclose whether employees or directors (or any designee) may hedge against decreases in the value of equity owned by such employee or director955  Executive Compensation & Accountability
250SECRule MakingSEC must promulgate rules requiring national securities exchanges to prohibit the listing of securities of issuers who do not develop and implement the policies implemented by this section ("claw-back" policies)954  Executive Compensation & Accountability
248SECRule MakingSEC must promulgate rules requiring issuers to provide clear descriptions of compensation required to be disclosed under Item 402 of Regulation S-K in proxy statements and consent solicitations for annual meetings of shareholders953(a) Executive Compensation & Accountability
249SECRule MakingSEC must amend Item 402 of Regulation S-K to require each issuer to disclose (2) the median total compensation of its non-CEO employees, (2) the total compensation for its CEO, and (3) a ratio of (1) to (2)953(b) Executive Compensation & Accountability
246SECRule MakingSEC must promulgate rules requiring national securities exchanges to prohibit the listing of securities, with certain exceptions, of any issuer whose board does not have an independent compensation committee, and SEC rules must identify factors affecting the independence of compensation consultants, legal counsel and other advisors to compensation committees952(a)360 days after enactmentExecutive Compensation & Accountability
247SECStudyConduct a study and review of the use of compensation consultants and the effects of such use952(b)2 years after enactmentExecutive Compensation & Accountability
245FSOCStudyFSOC must conduct a macroeconomic effects of the risk retention requirements under this subtitle, and the amendments made by this subtitle, with emphasis placed on potential beneficial effects with respect to stabilizing the real estate market946(a)180 days after enactmentAsset-Backed Securitization
244SECRule MakingSEC must promulgate rules requiring any issuer of ABS to perform a due diligence analysis of the underlying assets and disclose the nature of such diligence in its registration statement945 180 days after enactmentAsset-Backed Securitization
243SECRule MakingSEC must promulgate rules regulating the use of representations and warranties in the ABS market that (1) require each NRSRO to describe the representations, warranties, and enforcement mechanisms available to investors and how they differ from the representations, warranties and enforcement mechanisms available in issuances of similar securities and (2) require each securitizer to disclose fulfilled and unfulfilled repurchase requests across all trusts aggregated by the securitizer943 180 days after enactmentAsset-Backed Securitization
241SECRule MakingSEC authorized to suspend or terminate the duty to file under Section 15(d) of the Exchange Act for certain classes of ABS942(a) Asset-Backed Securitization
242SECRule MakingSEC must promulgate rules requiring each issuer of ABS to disclose, for each tranche or class of securities, information regarding the assets backing such securities942(b) Asset-Backed Securitization
240SEC; OCC, FRB, FDICRule MakingOCC, FDIC, FRB and SEC must jointly promulgate regulations requiring any securitizer to retain an economic interest in a portion of the credit risk for any asset that the securitizer (through an ABS) transfers, sells or conveys to a third party941(b)270 days after enactmentAsset-Backed Securitization
232SECStudySEC must conduct a study on the feasibility and desirability of standardizing credit rating terminology and the market stress conditions under which ratings are evaluated and submit a report with the findings and any recommendations to Congress939(h)1 year after enactmentCRA
231SECRule MakingSEC must promulgate rules requiring each NRSRO to establish written policies and procedures that assess default probabilities with respect to securities and money market instruments, clearly define and disclose the meaning of any credit rating symbols used and ensure that such symbols are applied consistently938(a)1 year after enactmentCRA
230SECRule MakingSEC must promulgate rules to establish NRSRO credit rating analyst standards of training, experience, competence and testing936 1 year after enactmentCRA
229SECRule MakingSEC must promulgate such rules as may be necessary to ensure that NRSROs and other credit rating agencies are subject to certain enforcement and penalty provisions of the Exchange Act933(a)1 year after enactmentCRA
222SECRule MakingSEC must promulgate rules requiring each NRSRO to submit annual internal control reports to the SEC932(a)1 year after enactmentCRA
223SECRule MakingSEC must promulgate rules intended to prevent sales and marketing considerations from influencing NRSROs ratings932(a)1 year after enactmentCRA
224SECRule MakingSEC must promulgate rules setting forth fines and penalties for NRSROs violating applicable law and SEC rules932(a)1 year after enactmentCRA
225SECRule MakingSEC must promulgate rules requiring each NRSRO to prescribe a standardized form for disclosure of qualitative and quantitative information regarding the data and assumptions underlying the determination of ratings932(a)1 year after enactmentCRA
226SECRule MakingSEC must establish the format and content for third-party due diligence certifications required with respect to NRSRO ratings of asset-backed securities and promulgate rules requiring NRSROs to publicly disclose such certifications932(a)1 year after enactmentCRA
227SECRule MakingSEC must promulgate rules requiring NRSROs to publicly disclose information on ratings histories for each type of rated issuer, security and money market instrument932(a)1 year after enactmentCRA
228SECRule MakingSEC must promulgate rules with respect to procedures and methodologies used by NRSROs932(a)1 year after enactmentCRA
215SECRule MakingSEC must promulgate "bad boy" rules to disqualify certain persons from offerings and sales under Regulation D926 1 year after enactmentRegulation D Offerings and Sales; Bad Actor Restrictions
214SECReportSEC shall establish a separate office within the SEC to administer and enforce the provisions of section 21F of the Exchange Act (as added by Section 922(a)).Such office shall report annually to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives on its activities, whistleblower complaints, and the response of SEC to such complaints924(d)AnnualWhistleblower
212SECReportSEC must submit annual reports to the Congressional Banking Committees on the whistleblower reward program established by this section922(a)AnnualWhistleblower
213SECStudySEC Inspector General must conduct a study and submit a report of the whistleblower protections established under the amendments made by Section 922922(d)30 months after enactmentWhistleblower
211SECRule MakingSEC authorized to promulgate rules regarding the use of mandatory pre-dispute arbitration clauses in agreements between any broker-dealer, municipal securities dealer or investment adviser, and their customers or clients, with respect to disputes that arise under the securities laws or rules of any SRO921(a) Arbitration
206SECRule MakingSEC authorized to promulgate rules designating documents or information a broker or dealer must provide to a potential retail investor prior to the purchase of investment products or services919(n)(1) Disclosures to Retail Customers
205GAOStudyGAO must conduct a study regarding mutual fund advertising, with recommendations to improve investor protection and report its findings to the Congressional Banking Committees918(a)18 months after enactmentMutual Fund Advertising
204SECStudySEC must conduct study on the financial literacy of retail investors and submit report with its findings to the Congressional Banking and Financial Services Committees917(a)2 years after enactmentFinancial Literacy of Retail Investors Report
203SECRule MakingSEC shall promulgate rules for the procedure of rule changes916(a)180 days after enactmentSEC Rule Making Procedures
201SECReportSEC Office of Investor Advocate must submit annual reports on its objectives for the fiscal year to Congressional Banking Committees915(g)(6)AnnualSEC Office of Investor Advocate Reports
202SECRule MakingSEC must establish procedures requiring a formal response to all recommendations submitted to SEC by the Investor Advocate, not later than 3 months after the date of such submission915(g)(7) SEC Office of Investor Advocate Recommendations
199SECStudySEC shall review and analyze the need for enhanced examination and enforcement resources for investment advisers914(a)180 days after enactmentExamination & Enforcement for I/As
200SECRule MakingSEC must revise its rules and regulations as necessary according to the findings of the study required by Section 914(a)914(b) Examination & Enforcement for I/As
192SECStudySEC must evaluate the effectiveness of standards of care applicable to broker-dealers and investment advisers for providing personalized investment advice to retail customers and any regulatory gaps in these standards and report these findings to certain Congressional Banking and Financial Services Committees913(b)6 months after enactmentFiduciary Duty
193SECRule MakingSEC may address the legal or regulatory standards of care of investment advisers, brokers and dealers. SEC shall consider the findings, conclusions, and recommendations of the study required under Section 913(b)913(f) Fiduciary Duty
194SECRule MakingSEC may promulgate rules under the added provisions of the Exchange Act and Investment Advisers Act described in Section 913(g) to address any gaps or overlaps in the legal or regulatory structure identified through the Section 913(b) study913(g) Fiduciary Duty
195SECRule MakingSEC may promulgate rules to provide that, with respect to a broker or dealer, when providing personalized investment advice about securities to a retail customer, the standard of conduct with respect to such customer shall be the same as the standard of conduct applicable to an investment adviser under Section 211 of the Investment Advisers Act913(g)(1) - (k)(1) Fiduciary Duty
196SECRule MakingWhere a broker or dealer sells only proprietary or other limited range of products, the SEC may by rule require that such broker or dealer provide notice to each retail customer and obtain the consent or acknowledgment of the customer913(g)(1) - (k)(2) Fiduciary Duty
197SECRule MakingSEC shall examine and, where appropriate, promulgate rules prohibiting or restricting certain sales practices, conflicts of interest, and compensation schemes for brokers, dealers, and investment advisers that SEC deems contrary to the public interest and the protection of investors913(g)(1) - (l)(2) Fiduciary Duty
198SECRule MakingSEC authorized to provide that the standard of conduct for all brokers, dealers, and investment advisers, shall be to act in the best interest of the customer. Such rules shall provide that such standard of conduct shall be no less stringent than the standard applicable to investment advisers under Section 206(1) and (2) of this Act. The receipt of compensation based on commission or fees shall not, in and of itself, be considered a violation of such standard913(g)(2) Fiduciary Duty
190SEC; CFTCRule MakingCFTC and SEC shall coordinate with FRB to jointly develop risk management supervision programs for designated clearing entities813 Upon enactmentSystemic Risk
191SEC; CFTC, FRBStudySEC, CFTC and FRB must submit joint report on recommendations for improving risk management and regulation of the designated clearing entities813 1 year after enactmentSystemic Risk
188CFTC; FRBRule MakingCFTC shall consult with FRB with respect to any rule or rule amendment of a derivatives clearing organization; and prior to exercising its rulemaking authorities under Section 728812(a) Derivatives
189SEC; FRBRule MakingSEC shall consult with FRB with respect to any proposed rule change of a clearing agency for which an extension of the time for review has been designated under Section 19(b)(2) of the Exchange Act812(b) Derivatives
187FRBRule MakingFRB may prescribe regulations that impose a recordkeeping or reporting requirement on designated clearing entities or financial institutions engaged in designated activities that are subject to standards that have been prescribed under Section 805(a)(2)809(b) Systemic Risk
184FRBRule MakingFRB must issue orders or establish rules, standards, or guidelines regarding payments and services provided by Federal Reserve banks to designated financial market utilities (including access to the Discount Window)806(a) Systemic Risk
185FRBRule MakingFRB may authorize a Federal Reserve bank to provide discount and borrowing privileges, only in unusual or exigent circumstances806(b) Systemic Risk
186SEC; CFTC, FRB, OCCRule MakingEach Supervisory Agency in consultation with the FRB must establish regulations defining standards for determining when designated financial market utilities must provide advance notice of certain changes to their rules, procedures, or operations806(e) Systemic Risk
183SEC; CFTCRule MakingCFTC and SEC authorized to implement risk management standards, taking into consideration relevant international standards and existing prudential requirements. FRB may determine that existing prudential existing requirements are insufficient. A procedure for reviewing is established805(a) Systemic Risk
182SECRule MakingSEC shall promulgate an interim final rule providing for the reporting of each security-based swap entered into before the date of enactment766(a)90 days after enactmentDerivatives
181SECRule MakingSEC shall issue rules to establish limits on the control of any security-based derivatives clearing organization, SEF, or exchange by a BHC (or its affiliate), nonbank financial company (or its affiliate), security-based swap dealer, or security-based MS765(a)180 days after enactmentDerivatives
175SECRule MakingSEC must impose capital and margin requirements on security-based swap dealers and security-based MSPs764(e)360 days after enactmentDerivatives
176SECRule MakingSEC must adopt rules governing reporting and recordkeeping requirements, and daily trading records for security-based swap dealers and security-based MSPs764(f)360 days after enactmentDerivatives
177SECRule MakingSEC must adopt rules for the business conduct standards for security-based swap dealers and security-based MSPs, including fiduciary responsibilities for security-based swap dealers764(h)360 days after enactmentDerivatives
178SECRule MakingSEC must adopt rules governing documentation standards for security-based swap dealers and security-based MSPs764(i)360 days after enactmentDerivatives
179SECRule MakingSEC must adopt rules for the registration of security-based swap dealers and MSPs764(a)1 year after enactmentDerivatives
180FRB; FDIC, OCCRule MakingFRB, FDIC and OCC, in consultation with CFTC and SEC, must impose capital and margin requirements on security-based swap dealers and security-based MSPs that are banks764(e)360 days after enactmentDerivatives
167SECRule MakingSEC must establish rules for clearing agency’s submission for approval of any group, category, type or class of security-based swaps that the clearing agency desires to clear763(a)1 year after enactmentDerivatives
168SECRule MakingSEC must establish rules governing clearing agencies for security-based swaps763(b) - (j)360 days after enactmentDerivatives
169SECRule MakingSEC must establish rules governing security-based swap execution facilities763(c) - (f)360 days after enactmentDerivatives
170SECRule MakingSEC must establish rules to impose aggregate position limits for security-based swap and any loan, group of securities or loans the swap is based on763(h)360 days after enactmentDerivatives
171SECRule MakingSEC may require self-regulatory organizations to adopt position limits, including aggregate position limits763(h)360 days after enactmentDerivatives
172SECReportSEC must publicly issue semiannual and annual report on trading and clearing of security-based swaps and the market participants and developments in new security-based swaps763(i)Semi-annual and AnnualDerivatives
173SECRule MakingSEC must establish rules for the public reporting of security-based swap transactions763(i)360 days after enactmentDerivatives
174SECRule MakingSEC must establish rules governing security-based swap data repositories763(i)360 days after enactmentDerivatives
166CFTCReportNew Interagency group shall submit to Congress a report on the results of the study, including recommendations for the oversight of existing and prospective carbon markets to ensure an efficient, secure, and transparent carbon market, including oversight of spot markets and derivative markets750(d-e)180 days after enactmentEnvironment
163CFTCRule MakingCFTC must establish rules implementing commodity whistleblower incentives and protections748 270 days after enactmentWhistleblower
164CFTCStudyCFTC shall conduct a study on whether the Freedom of Information Act aids whistleblowers in disclosing information to the SEC and what impact the exemption has had on the public’s ability to access information748 30 months after enactmentWhistleblower
165CFTCReportCFTC must report by October 30 of each year to Congress on matters concerning the CFTC Fund including, balance, amount paid from and deposited in the Fund, and the whistleblower program award748 365 days after enactmentWhistleblower
161CFTCRule MakingCFTC must establish aggregate position limits across exchanges, SEFs, foreign boards of trades, and swaps that perform a significant price discovery function737(a)270 days after enactmentDerivatives
162CFTCRule MakingCFTC may exempt, conditionally or unconditionally, any person or class of persons, any swap or class of swaps, any contract of sale of a commodity for future delivery or class of such contracts, any option or class of options, or any transaction or class of transactions from any requirement that the SEC establishes under this section with respect to position limits737(a)360 days after enactmentDerivatives
158CFTCRule MakingCFTC must establish rules on the regulation of swap execution facilities, including data collection and reporting requirements for swap execution facilities that are comparable to corresponding requirements for derivatives clearing organizations and swap data repositories733 1 year after enactmentDerivatives
159SEC; CFTCRule MakingSEC and CFTC may promulgate rules defining the universe of swaps that can be executed on a swap execution facility733 360 days after enactmentDerivatives
160SEC; CFTCRule MakingSEC shall prescribe rules governing the regulation of alternative swap execution facilities under this section733 360 days after enactmentDerivatives
152FRB; FDIC, OCCRule MakingFRB, FDIC and OCC, in consultation with CFTC and SEC, must impose capital and margin requirements on swap dealers and MSPs that are banks731 360 days after enactmentDerivatives
153CFTCRule MakingCFTC must impose capital and margin requirements on swap dealers and MSPs that are not banks731 360 days after enactmentDerivatives
154CFTCRule MakingCFTC must establish rules governing reporting and recordkeeping requirements, and daily trading records for swap dealers and MSPs according to guidelines set by this subsection731 360 days after enactmentDerivatives
155CFTCRule MakingCFTC must establish rules establishing business conduct standards for swap dealers and MSPs according to guidelines set by this subsection731 360 days after enactmentDerivatives
156CFTCRule MakingCFTC must establish rules governing documentation standards for swap dealers and MSPs731 360 days after enactmentDerivatives
157CFTCRule MakingCFTC must establish rules for the registration of swap dealers and MSPs731 1 year after enactmentDerivatives
151CFTCRule MakingCFTC must adopt an interim final rule to establish reporting requirements for swaps that were entered into before enactment of the Wall Street Transparency and Accountability Act729 90 days after enactmentDerivatives
149CFTCRule MakingCFTC must establish rules to govern swap repositories, including data collection and maintenance standards that are comparable to those for derivatives clearing organizations728 360 days after enactmentDerivatives
150CFTCRule MakingCFTC may develop additional duties for swap data repositories in regard to change in U.S. or international community and preventing conflicts of interest728 360 days after enactmentDerivatives
147CFTCReportCFTC must publicly issue semiannual and annual report on trading and clearing of swaps and the market participants and developments in new swaps727 Semi-annualDerivatives
148CFTCRule MakingCFTC must establish rules to provide for the public reporting of swap transactions and price data727 360 days after enactmentDerivatives
146CFTCRule MakingCFTC shall issue rules to establishing limits on the control of any derivatives clearing organization, SEF, or exchange by a BHC (or its affiliate), nonbank financial company (or its affiliate), swap dealer, or MSP726(a)180 days after enactmentDerivatives
144CFTCRule MakingCFTC shall adopt rules mitigating conflicts of interest in connection with the conduct of business by a swap dealer or a major swap participant with a derivatives clearing organization, board of trade, or a swap execution facility that clears or trades swaps in which the swap dealer or major swap participant has a material debt or material equity investment725(d)360 days after enactmentDerivatives
145CFTCRule MakingCFTC shall adopt data collection and maintenance requirements for swaps cleared by derivatives clearing organizations that are comparable to the corresponding requirements for (A) swaps data reported to swap data repositories; and (B) swaps traded on swap execution facilities725(e)360 days after enactmentDerivatives
139CFTCRule MakingCFTC must establish rules to identify a group, category, type, or class of swaps not submitted for approval that CFTC determines should be submitted for clearing723(a)360 days after enactmentDerivatives
140CFTCRule MakingCFTC must determine ways in which derivatives clearing organizations will provide notice to their members of swaps submitted to CFTC723(a)360 days after enactmentDerivatives
141CFTCRule MakingCFTC shall prescribe rules and issue interpretations of rules as determined by the CFTC to be necessary to prevent evasions of the mandatory swap clearing requirements under this Act723(a)360 days after enactmentDerivatives
142CFTCRule MakingCFTC shall consider whether to exempt small banks, including credit unions, farm credit, depository institutions of $10 billion or less723(a)360 days after enactmentDerivatives
143CFTCRule MakingCFTC must establish rules for reviewing a derivatives clearing organization’s clearing of a swap, or a group, category, type, or class of swaps that the CFTC has accepted for clearing723(a)1 year after enactmentDerivatives
137TreasuryRule MakingIn determining whether to exempt foreign exchange swaps and foreign exchange forwards from the definition of "swap", the Secretary shall consider the extent of adequate payment and settlement systems and the use of potential exemption of foreign exchange swaps and foreign exchange forwards to evade otherwise applicable regulatory requirements722(h)360 days after enactmentDerivatives
138TreasuryReportIf the Secretary decides to exempt foreign exchange swaps and foreign exchange forwards from the definition of "swap", the secretary shall submit to Congress an explanation why they are different from other classes of swaps in a way that would make them ill-suited for regulation722(h)360 days after enactmentDerivatives
134CFTCRule MakingCFTC shall promulgate regulations to establish factors with respect to the making of a determination to exempt swap dealing entities that swap deal in connection with transactions with or on behalf of its customers721(a)360 days after enactmentDerivatives
135CFTCRule MakingCFTC is granted the authority to promulgate rules to define "commercial risk" among others721(b)360 days after enactmentDerivatives
136CFTCRule MakingCFTC must define the terms "swap," "swap dealer," "major swap participant," including "substantial position" and "eligible contract participant"721(c)360 days after enactmentDerivatives
132CFTC; FERCOtherCFTC and FERC must negotiate a memorandum of understanding to establish procedures for applying their respective authorities to ensure effective and efficient regulation in the public's interest; avoiding duplicate regulation/overlapping jurisdiction720(a)(1)180 days after enactmentDerivatives
133CFTC; FERCOtherCFTC and FERC must negotiate a memorandum of understanding to share information that may be requested where either commission is conducting an investigation into potential manipulation, fraud, or market power abuse in markets subject to SEC regulation or oversight720(b)180 days after enactmentDerivatives
126CFTCReportCFTC shall prepare and submit to the Congress biennial reports on the growth or decline of the derivatives markets in the U.S. and abroad, which shall include assessments of the causes of any such growth or decline, the effectiveness of regulatory regimes in managing systemic risk, a comparison of the costs of compliance at the time of the report for market participants subject to regulation by the U.S. with the costs of compliance in December 2008 for the market participants, and the quality of the available data719(a)BiennialDerivatives
127CFTCStudyCFTC shall conduct a study of the effects of the position limits imposed pursuant to the other provisions of this title on excessive speculation and on the movement of transactions from exchanges in the U.S. to trading venues outside the U.S., and report findings to Congress within 12 months of the imposition of those position limits719(a)(1-2)12 months after the imposition of position limits pursuant to this titleDerivatives
128CFTCReportCFTC shall prepare and submit to the Congress biennial reports on the growth or decline of the derivatives markets in the United States and abroad, including assessments of the causes of any such growth or decline the effectiveness of regulatory regimes in managing systemic risk, a comparison of the costs of compliance at the time of the report compared with that of December 2008719(a)(3)BiennialDerivatives
129SEC; CFTCStudySEC and CFTC shall conduct a joint study of the feasibility of requiring the derivatives industry to adopt standardized computer readable algorithmic descriptions which may be used to describe complex and standardized financial derivatives719(b)(1-2)8 months after enactmentDerivatives
130SEC; CFTCStudyCFTC and SEC shall jointly conduct a study relating to (i) swap regulation in the U.S., Asia, and Europe; and (ii) clearing house and clearing agency regulation in the U.S., Asia, and Europe719(c)(1-2)18 months after enactmentDerivatives
131SEC; CFTCStudySEC and CFTC shall, jointly, conduct a study to determine whether stable value contracts fall within the definition of a swap, and shall issue regulations implementing this section depending on the findings of that study719(d)(1-2)15 months after enactmentDerivatives
125FSOCRule MakingFSOC may determine that, when other provisions established by this Act are insufficient to effectively mitigate systemic risk and protect taxpayers, that swaps entities may no longer access Federal assistance with respect to any swap, security-based swap, or other activity of the swaps entity716(l)360 days after enactmentDerivatives
124SEC; CFTCRule MakingSEC and/or CFTC may, by rule or order (1) collect information as may be necessary concerning the markets for any types of swap or security-based swap and (2) issue a report with respect to any types of swaps or security-based swaps that SEC determines to be detrimental to (A) the stability of a financial market; or (B) participants in a financial market714 360 days after enactmentDerivatives
123SEC; CFTCRule MakingSEC shall consult with the CFTC to adopt rules to ensure that such transactions and accounts mentioned in Section713(a) (portfolio margining account) are subject to comparable requirements to the extent practicable for similar products713(a)360 days after enactmentDerivatives
119SEC; CFTCRule MakingCFTC and SEC must jointly establish rules to define "swap", "security-based swap", "swap dealer", "security-based swap dealer", "major swap participant", "major security-based swap participant", "eligible contract participant", and "security-based swap agreement"712(d)360 days after enactmentDerivatives
120SEC; CFTCRule MakingCFTC and SEC, in consultation with FRB, shall jointly adopt such other rules regarding such definitions as they see are necessary and appropriate, in the public interest, and for the protection of investors712(d)(1)360 days after enactmentDerivatives
121SEC; CFTCRule MakingCFTC and SEC must establish rules requiring maintenance of records of all uncleared swap and security-based swap activities with such records being available for review by the regulators712(d)(2)(A)360 days after enactmentDerivatives
122SEC; CFTCRule MakingSEC and CFTC may promulgate rules, regulations, or orders permitted or required by this Act; conduct studies and prepare reports and recommendations required by this Act; register persons under the provisions of this Act; and exempt persons, agreements, contracts, or transactions from provisions of this Act712(d)(2)(C)360 days after enactmentDerivatives
117FRBRule MakingFRB required to establish criteria for determining whether to require a grandfathered unitary savings and loan holding company to establish an intermediate holding company626  Bank Regulation
118FRBRule MakingFRB may establish any restrictions or limitations on transactions between an intermediate holding company or a parent of such company and its affiliates626  Bank Regulation
115FRBRule MakingFRB shall issue regulations implementing the recommendations of the FSOC regarding concentration limits put forth in amendment to the Bank Holding Company Act in Section 622622  Bank Regulation
116FSOCStudyFSOC shall study concentration limits and make recommendations regarding such concentration limits put forth in amendment to the Bank Holding Company Act in Section 622622 6 months after enactmentBank Regulation
114SECRule MakingSEC shall issue rules for the purpose of implementing newly added 27B(a) of the Securities Act, removing conflicts of interest in certain securitizations621(a)270 days after enactmentSecuritization
113FRB; OCC, OTSStudyThe appropriate Federal banking agencies shall jointly review and prepare a report on the activities that a banking entity, as such term is defined in the Bank Holding Company Act of 1956 (12 USC 1841 et. seq.), may engage in under Federal and State law, including activities authorized by statute and by order, interpretation and guidance620(a)18 months after enactmentBank Regulation
107FSOCStudyFSOC must complete study of the Volcker rule and make recommendations regarding definitions in and modifications of the Volcker rule to FRB, FDIC and OCC (BHCA 213(b)(1))619 6 months after enactmentVolcker Rule
108SEC; CFTC, FRB, FDIC, OCCRule MakingSEC, CFTC, FRB, FDIC and OCC must jointly issue rules implementing the Volcker rule and reflecting the FSOC’s recommendations with respect to the Volcker rule (BHCA Sec 213(b)(2))619 9 months after completion of FSOC study of Volcker ruleVolcker Rule
109SEC; CFTC, FRB, FDIC, OCCRule MakingSEC, CFTC, FRB, FDIC and OCC shall issue regulations to implement limitations on permitted activities (e.g., those creating a conflict of interest, material exposure to high-risk assets or trading activities, poses a threat to safety and soundness of the banking entity, or a threat to U.S. financial stability (BHCA Sec 213(d)(2)(B))619 The earlier of 12 months after the issuance of final rules; or 2 years after enactmentVolcker Rule
110SEC; CFTC, FRB, FDIC, OCCRule MakingSEC, CFTC, FRB, FDIC and OCC shall issue rules to impose additional capital requirements, and any quantitative limitations regarding permitted activities if appropriate to protect safety and soundness of banking entities (BHCA Sec 213(d)(3))619 The earlier of 12 months after the issuance of final rules; or 2 years after enactmentVolcker Rule
111SEC; CFTC, FRB, FDIC, OCCRule MakingSEC, CFTC, FRB, FDIC and OCC shall implement regulations regarding internal controls and recordkeeping (213(e))619 The earlier of 12 months after the issuance of final rules; or 2 years after enactmentVolcker Rule
112FRBRule MakingFRB shall issue regulations for bringing activities and investments into compliance with the Volcker Rule and extensions for compliance (BHC Act Sec. 213(c)(6))619 The earlier of 12 months after the issuance of final rules; or 2 years after enactmentVolcker Rule
106FRBRule MakingFRB must adopt capital adequacy and risk management standards for supervised securities holding companies618(d)Statutory requirement effective upon enactmentBank Regulation
103FRBRule MakingFRB authorized to issue rules to establish capital requirements for BHCs, SLHCs and IDI's616(a-c)1 year after transfer dateBank Regulation
104FRBRule MakingThe appropriate agency for a BHC or SLHC shall require them to serve as a source of financial strength for any subsidiary of the bank holding company or savings and loan holding company (or any company they directly or indirectly control) that is a depository institution616(d)1 year after transfer dateBank Regulation
105FRBRule MakingThe appropriate Federal banking agency for an insured depository institution described in subsection (b) may, from time to time, require the company, or a company that directly or indirectly controls the insured depository institution, to submit a report assessing the ability of the company to comply with subsection (b)616(d) Bank Regulation
102FRBRule MakingFRB authorized to issue rules to implement amendments to insider lending restriction of Section 22(h) of the Federal Reserve Act, covering credit exposure on derivative transactions, repurchase and reverse repurchase agreements, and securities lending and borrowing transactions615(a) - (z)(2)Statutory Amendments effective on the transfer dateBank Regulation
101FRBRule MakingFRB authorized to issue rules implementing various amendments to Sections 23A and 23B of Federal Reserve Act, including coverage of credit exposure on derivatives and securities lending and borrowing transactions608(a-b)Statutory Amendments effective 1 year after transfer dateBank Regulation
100GAOStudyGAO must conduct a study of the appropriateness of the exemptions for certain depository institutions from the definition of "bank" under the BHC Act, and the adequacy of the federal framework of the regulation of savings associations, and the consequences of removing their exemption from the BHC Act603(b)(1)18 months after enactmentBank Regulation
96TreasuryReportFederal Insurance Office shall provide annual report to Congressional Banking Committees regarding actions taken pursuant to Section 313(f) (re: preemption of inconsistent State insurance measures)502(a)AnnualInsurance
97TreasuryStudyFederal Insurance Office shall provide a report to Senate Banking and House Financial Services Committees regarding the breadth and scope of the global reinsurance market and impact on U.S. markets502(a)Due September 30, 2012Insurance
98TreasuryStudyFederal Insurance Office shall provide a report to Senate Banking and House Financial Services Committees regarding the impact of part II of the Nonadmitted and Reinsurance Reform Act of 2010 on the ability of State regulators to access reinsurance information for regulated companies in their jurisdictions502(a)Due January 1, 2013; updated no later than January 1, 2015Insurance
99TreasuryStudyFederal Insurance Office shall provide a report to Congress on how to modernize and improve insurance regulation, including legislative, administrative or regulatory recommendations502(a)18 months after enactmentInsurance
95SECRule MakingWith respect to any factor used in any rule or regulation by the SEC in making a determination under this subsection, if the SEC uses a dollar amount test in connection with such factor, such as a net asset threshold, SEC shall, by order, not later than 1 year after the date of enactment of the Private Fund Investment Advisers Registration Act of 2010, and every 5 years thereafter, adjust for the effects of inflation on such test418 1 year after enactment and every 5 years thereafterInvestment Adviser
93SECStudySEC must conduct a study of the feasibility, benefits, and costs of requiring reporting publicly, in real time short sale positions of publicly listed securities, or, in the alternative, reporting such short positions in real time only to the SEC and FINRA and report findings to the Congressional Banking Committees417(a)(2)(A)2 years after enactmentShort Sales
94SECStudySEC must conduct a study of the feasibility, benefits, and costs of conducting a voluntary pilot program in which public companies will agree to have all trades of their shares marked "short", "market maker short", "buy", "buy-to-cover", or "long", and reported in real time through the Consolidated Tape and report findings to the Congressional Banking and Financial Services Committees417(a)(2)(B)1 year after enactmentShort Sales
92GAOStudyGAO must conduct a study on forming an SRO for private funds416 1 year after enactmentInvestment Adviser
91GAOStudyGAO must conduct a study on appropriate criteria for accredited investor status and eligibility to invest in private funds415 3 years after enactmentInvestment Adviser
90SECRule MakingSEC shall adjust the accredited investor standard to a net worth of more than $1M, and shall be $1M for at least the first 4 years after enactment; standard shall be reviewed after 4 years and not less than every 4 years thereafter413(a-b)Upon enactmentInvestment Adviser
89GAOStudyGAO shall (1) conduct a study of— (A) the compliance costs associated with the current SEC Rules 204–2 and 206(4)–2 regarding investment adviser custody of funds or securities; and (B) the additional costs of subsection (b)(6) of Rule 206(4)–2 regarding operational independence were eliminated412 3 years after enactmentInvestment Adviser
88SECRule MakingSEC authorized to promulgate rules requiring registered investment advisers to take certain actions to safeguard client assets over which they have custody411 1 year after enactmentInvestment Adviser
87SECRule MakingSEC authorized to define mid-sized investment advisers under Investment Advisers Act Section 203A410 1 year after enactmentInvestment Adviser
86SECRule MakingSEC must define the term "family office" for Section 202(a)(11) of the Investment Advisers Act409(a)1 year after enactmentInvestment Adviser
84SECRule MakingSEC shall provide an exemption for private fund advisers with assets under management of less than $150M for exempted investment advisors under Section 203 of the Investment Advisers Act, but shall prescribe reporting and recordkeeping requirements for such exempted advisers408 1 year after enactmentInvestment Adviser
85SECRule MakingSEC shall prescribe regulations for midsized private fund advisers taking into account size, governance, and investment strategy to determine systemic risk408 1 year after enactmentInvestment Adviser
82SECRule MakingSEC must define the term "venture capital fund" for purposes of Section 203 of the Investment Advisers Act407 1 year after enactmentInvestment Adviser
83SECRule MakingSEC shall require venture capital fund advisers to maintain such records and provide such reports as the SEC determines necessary for the public interest and investor protection407 1 year after enactmentInvestment Adviser
80SEC; CFTCRule MakingSEC and CFTC must jointly promulgate rules to establish the form and content of reports required to be filed with them by investment advisers that are registered under both the Investment Advisers Act and the Commodity Exchange Act406 1 year after enactmentInvestment Adviser
81SECRule MakingSEC authorized to issue rules defining technical trade and other terms used in Private Fund Investment Advisers Registration Act of 2010406 1 year after enactmentInvestment Adviser
78SECReportSEC must submit an annual report to Congress on its use of the data collected under new Investment Advisers Act Section 204(b) and rules thereunder to monitor the markets404 AnnualInvestment Adviser
79SECRule MakingSEC authorized to require any registered investment adviser to maintain records and file reports with the SEC regarding private funds advised by the adviser404 1 year after enactmentInvestment Adviser
77FDICRule MakingFDIC required to create a method for the declaration, calculation, distribution, and payment of dividends under Section 7(e)(2) of the Federal Deposit Insurance Act332  Resolution Authority
76FDICRule MakingFDIC must amend assessment base for federal deposit insurance to use average total assets less tangible equity331(b) Resolution Authority
73FRB; FDIC, OCC, OTSReportFRB, FDIC, OCC, and OTS shall jointly submit a plan the Senate Banking Committee, the House Financial Services Committee, and the Inspectors General of Treasury, FDIC, and FRB detailing the steps the FRB, FDIC, the OCC, and the OTS will take to implement the provisions of Sections 301 through 326 (transfer of authority of OTS), and the provisions of the amendments made by such sections327(a)180 days after enactmentResolution Authority
74FRB; FDIC, TreasuryReportInspectors General of Treasury, FDIC, and FRB shall jointly provide a written report to the FRB, FDIC, the OCC, and the OTS, with a copy to the Senate Banking Committee and the House Financial Services Committee detailing whether the plan in subsection (a) conforms with the provisions of Sections 301 through 326, and the provisions of the amendments made by such sections327(b)Within 60 days of receiving 327(a) planResolution Authority
75FRB; FDIC, TreasuryReportInspectors General of Treasury, FDIC, and FRB shall jointly provide a written report on the status of the implementation of the plan to the FRB, FDIC, the OCC, and the OTS327(c)6 months after report required is received; every 6 months thereafter until fully implementedResolution Authority
71FDIC; OCCRule MakingOCC, FDIC, with the OTS shall develop and adopt procedures and safeguards designed to ensure that the requirements of this subsection are met322(k)(3)180 days after enactmentResolution Authority
72FDIC; OCCStudyOCC and FDIC shall conduct a study detailing the position assignments of all employees transferred pursuant to subsection (a), describing the procedures and safeguards adopted pursuant to paragraph (3), and demonstrating that the requirements of this subsection have been met322(k)(4)1 year after the transfer dateResolution Authority
70FRB; FDIC, OCCRule MakingFRB, FDIC and OCC must publish list of regulations transferred to it from OTS that the agency will enforce316(c)(1)On transfer dateResolution Authority
69TreasuryRule MakingTreasury Secretary authorized to extend transfer date of OTS supervisory responsibilities to OCC, FDIC, and FRB by up to 6 months311(b)270 days after enactmentResolution Authority
68FRBStudyFRB, in consultation with the Administrative Office of the U.S. Courts, shall conduct a study regarding international coordination of resolution of systemic financial companies under the U.S. Bankruptcy Code and applicable foreign law and report findings to Congressional Banking and Financial Services Committees217(a-b)1 year after enactmentResolution Authority
67FRBStudyFRB, in consultation with the Administrative Office of the U.S. Courts, shall study of the resolution of financial companies under the Bankruptcy Code, Chapter 7 or 11 and report findings to Congressional Banking and Financial Services Committees216(a-b)1 year after enactment and each successive year for 5 yearsResolution Authority
66FSOCStudyFSOC shall conduct a study evaluating the importance of maximizing U.S. taxpayer protections and promoting market discipline with respect to the treatment of fully secured creditors in the utilization of the orderly liquidation authority authorized by this Act, and report findings to Congress215(a-b)1 year after enactmentResolution Authority
65FRB; FDICRule MakingFDIC and FRB, in consultation with the FSOC, must jointly establish rules to issue and carry out orders of prohibition against senior executives and directors of covered financial companies for violations of law or regulatory agency agreements, unsafe or unsound practices or breaches of fiduciary duty213(d) Corp Gov & Comp
57FDICRule MakingFDIC must prescribe rules and establish retention schedules as are necessary to maintain the documents and records of the FDIC generated in exercising its authority under Title II210(a)(16)(D) Resolution Authority
58FDICRule MakingFDIC authorized to prescribe rules as necessary to establish an interest rate for, or to make payments of, post-insolvency interest to creditors holding proven claims against receivership estate of a covered financial company210(a)(7)(D) Resolution Authority
59SEC; CFTC, FRB, FDIC, OCCRule MakingPFRA must jointly prescribe recordkeeping regulations requiring financial companies to maintain records with respect to qualified financial contracts. FDIC and Treasury Secretary have back-up rulemaking authority if the deadline is not met210(c)(8)(H)24 months after enactmentResolution Authority
60FDICRule MakingFDIC may by regulation include institutions in the definition of "financial institution" for purposes of the requirements relating to transfer of qualified financial contracts210(c)(9)(D) Resolution Authority
61Treasury; FDICRule MakingTreasury and FDIC must jointly, in consultation with FSOC, establish regulations governing maximum obligation limitation210(n)(7) Resolution Authority
62FDIC; FSOCOtherFSOC shall make a recommendation to FDIC on the risk matrix to be used in imposing such assessments, and FDIC shall take into account any such recommendation in the establishment of the risk matrix to be used to impose such assessments210(o)(4) Resolution Authority
63Treasury; FDICRule MakingFDIC must establish regulations to establish and carry out the assessment system and consult with Treasury Secretary on the development and finalization of such regulations210(o)(6)(A) Resolution Authority
64FDICRule MakingFDIC must promulgate regulations to recover compensation for prior two years (or in case of fraud, an unlimited prior period) from senior executives and directors substantially responsible for failure of covered financial company210(s)(3) Corp Gov & Comp
56FDICRule MakingFDIC in consultation with FSOC must establish rules and regulations to implement Title II (liquidating financial companies)209  Resolution Authority
55SEC; FDICRule MakingSEC and FDIC must jointly, after consultation with SIPC, issue rules to implement Section 205, relating to orderly liquidation of broker-dealers205(h) Resolution Authority
54FDICRule MakingFDIC must establish policies and procedures acceptable to Treasury Secretary governing use of funds available under Title II203(d)ASAP after enactmentResolution Authority
49FDICRule MakingFDIC may promulgate rules governing termination of receiverships under Title II202(d)(5) Resolution Authority
50GAOStudyAdministrative Office of U.S. Courts and GAO must conduct separate studies regarding bankruptcy and orderly liquidation process for financial companies and the Bankruptcy Code, and submit reports of the findings to Congressional Banking Committees202(e)1 year after enactment (and each year until 3rd year, then every 5th year after enactment)Resolution Authority
51GAOStudyGAO must conduct study of international coordination relating to orderly liquidation of financial companies and submit report of the findings to Congressional Banking Committees202(f)1 year after enactmentResolution Authority
52GAOStudyGAO must conduct study of implementation of prompt corrective action by federal banking agencies and submit report of the findings to FSOC202(g)(1-3)1 year after enactmentResolution Authority
53FSOCReportFSOC must report to Congressional Banking Committees on actions taken in response to GAO report under Section 202(g) on prompt corrective action202(g)(4)6 months after receipt of GAO report (due 1 year after enactment)Resolution Authority
48FRB; TreasuryRule MakingFRB, in consultation with Treasury, must establish by regulation parameters for application of the revenue test to determine whether a company is a "financial company" for purposes of Title I201(b)18 months after enactmentBank Regulation
46GAOStudyGAO, in consultation with the FRB and OCC, and FDIC, shall conduct a study of the use of hybrid capital instruments as a component of Tier 1 capital for banking institutions and BHCs174(a)18 months after enactmentBank Regulation
47GAOStudyGAO, in consultation with the Secretary, the FRB, OCC, and FDIC, shall conduct a study of capital requirements applicable to U.S. intermediate holding companies of foreign banks that are BHCs or SLHCs174(b)18 months after enactmentBank Regulation
43FRB; FDIC, OCCRule MakingThe Federal banking agencies shall develop minimum leverage capital requirements on a consolidated basis applicable to insured depository institutions, depository institution holding companies, and nonbank financial companies supervised by FRB that address the risks that the activities of such institutions pose171(b)(1)18 months after enactmentBank Regulation
44FRB; FDIC, OCCRule MakingThe Federal banking agencies shall develop minimum risk-based capital requirements on a consolidated basis applicable to insured depository institutions, depository institution holding companies, and nonbank financial companies supervised by FRB that address the risks that the activities of such institutions pose171(b)(2)18 months after enactmentBank Regulation
45GAOStudyGAO, after consultation with the Federal banking agencies, shall conduct a study of access to capital by smaller insured depository institutions171(b)(6)18 months after enactmentBank Regulation
42FRB; FSOCRule MakingFRB must promulgate regulations on behalf of, and in consultation with, the FSOC, setting forth criteria for exempting certain types or classes of U.S. and non-U.S. nonbank financial companies from FRB supervision, and shall submit a report to Congressional Banking Committees within 30 days describing the reason for the action under this section170(a-e)18 months after enactmentBank Regulation
41FRBRule MakingThe Board of Governors shall have authority to issue regulations to implement subtitles A and C of Title I and the amendments made thereunder, and must do so within 18 months of enactment unless otherwise specified168 18 months after enactmentSystemic Risk
38FRBRule MakingFRB may enforce compliance with the provisions of this subsection that are applicable to any company described in paragraph (1) that controls an intermediate holding company under Section 8 of the Federal Deposit Insurance Act167(b)(5) Bank Regulation
39FRBRule MakingFRB must promulgate regulations to establish criteria for determining whether to require a Covered Nonbank Company to establish an intermediate holding company167(c)(1)18 months after transfer dateBank Regulation
40FRBRule MakingFRB authorized to promulgate regulations to restrict or limit transactions between an intermediate holding company or a Covered Nonbank Company or any subsidiary thereof and its parent company or affiliates that are not its subsidiaries167(c)(2)18 months after enactmentBank Regulation
37FRB; FDIC, FSOCRule MakingFRB, in consultation with the FSOC and FDIC, must promulgate regulations establishing early remediation requirements for Covered Nonbank Companies and Covered BHCs166(a)18 months after transfer dateBank Regulation
21FRBRule MakingFRB must establish standards for Covered Nonbank Companies and Covered BHCs including (1) risk-based capital requirements and leverage limits (unless FRB, in consultation with the FSOC, determines that such requirements are not appropriate for a company subject to more stringent prudential standards); (3) liquidity requirements; (4) resolution plan and credit exposure report requirements; and (5) concentration limits165(b)(1)(A)18 months after transfer date (but see Sections 165(d) and (e))Systemic Risk
22FRBRule MakingFRB authorized to establish additional standards for Covered Nonbank Companies and Covered BHCs that may include (1) a contingent capital requirement; (2) enhanced public disclosures; (3) short-term debt limits; and (4) such other prudential standards as FRB, on its own or pursuant to a recommendation made by the FSOC in accordance with Section 115, determines are appropriate165(b)(1)(B)18 months after enactmentSystemic Risk
23FRBReportFRB must submit an annual report to Congress regarding the implementation of the standards required by Section 165(b)(1), including the use of such standards to mitigate risks to U.S. financial stability165(b)(5)AnnualSystemic Risk
24FRBRule MakingFRB may issue regulations that require each nonbank financial company supervised by the FRB and BHCs described in Section 165(a) to maintain a minimum amount of contingent capital convertible to equity in times of financial stress165(c)(1)18 months after enactmentSystemic Risk
25FRB; FDICRule MakingFRB and FDIC must establish standards for required resolution plan and credit exposure report for covered BHCs and Covered Nonbank Companies165(d)(1-2)18 months after enactmentSystemic Risk
26FRBRule MakingFRB must establish standards that limit credit exposure for BHCs and Covered Nonbank Companies165(e)(1)At least 3 years after enactmentSystemic Risk
27FRBRule MakingFRB authorized to issue regulations and orders as may be necessary to administer and carry out credit exposure standards described in Section 165(e)(1-2)165(e)(5)At least 3 years after enactmentSystemic Risk
28FRBRule MakingFRB authorized to exempt transactions from definition of "credit exposure" if it finds the exemption is in the public interest and is consistent with the purpose of the credit exposure limits165(e)(6)At least 3 years after enactmentSystemic Risk
29FRBRule MakingFRB authorized to establish periodic public disclosure requirements for Covered Nonbank Companies and Covered BHCs to support market evaluations of risk profile, capital adequacy, and risk-management capabilities165(f)18 months after enactmentSystemic Risk
30FRBRule MakingFRB authorized to limit on the amount of short-term debt, including off-balance sheet exposures, that may be accumulated by any BHC described in (a) and any nonbank financial company supervised by the FRB. FRB may also prescribe other regulation as may be necessary to carry out this subsection, and may issue exemptions165(g)(1-4)18 months after enactmentSystemic Risk
31FRBRule MakingFRB must require all publicly traded Covered Nonbank Companies (within 1 year of final determination) and all publicly traded BHCs with total consolidated assets of at least $10 billion to establish a risk committee165(h)(2)(A)1 year after transfer date, to take effect not later than 15 months after transfer dateSystemic Risk
32FRBRule MakingFRB authorized to require publicly traded BHCs with total consolidated assets of less than $10 billion to establish a risk committee165(h)(2)(B)1 year after transfer date, to take effect not later than 15 months after transfer dateSystemic Risk
33FRBRule MakingThe Board of Governors shall issue final rules to carry out Section 165(h)165(h)(4)1 year after enactmentSystemic Risk
34FRB; CFTC, SEC, FDIC, OCCRule MakingThe Board of Governors, in coordination with the appropriate primary financial regulatory agencies and the Federal Insurance Office, shall conduct annual analyses in which nonbank financial companies supervised by the Board of Governors and bank holding companies described in subsection (a) are subject to evaluation of whether such companies have the capital, on a total consolidated basis, necessary to absorb losses as a result of adverse economic conditions165(i)(1)(A)1 year after enactmentSystemic Risk
35SEC; CFTC, FRB, FDIC, OCCRule MakingPFRAs shall issue consistent regulations to implement "stress test" procedures including methodology and reporting requirements165(i)(2)(C)1 year after enactmentSystemic Risk
36FRBRule MakingFRB authorized to require BHCs w/ $50B+ assets or nonbank financial company supervised by FRB to maintain debt to equity ratio of no more than 15 to 1 upon determination by FSOC that such company poses "grave threat" to financial stability, and to promulgate regulations to establish procedures to implement this requirement165(j)18 months after enactmentSystemic Risk
20TreasuryRule MakingOFR (Treasury) shall promulgate regulations pursuant to subsections (a)(1), (a)(2), (a)(7), and (c)(1) of Section 153 regarding the type and scope of the data to be collected by the Data Center under this paragraph154(b)(1)(C)  
19TreasuryRule MakingOFR (Treasury), in consultation with the FRB, shall issue rules, regulations, and orders only to the extent necessary to carry out the purposes and duties described in paragraphs (1), (2), and (7) of 153(a)153(c)  
18FSOCStudyFSOC shall study economic impact of possible financial services regulatory limitation intended to reduce systemic risk including estimating cost/benefit on the efficiency of capital markets, on the financial sector and national economic growth of various factors; shall include recommendation for optimal structure of any limits to maximize effectiveness and limit economic impact123(a)180 days (and every 5 years thereafter)Systemic Risk
17FRBRule MakingFRB authorized to establish regulations regarding the application of measures to non-U.S. Covered Nonbank Companies and non-U.S. BHCs that the FRB and FSOC may impose on Covered Nonbank Companies and BHCs with $50 billion in assets that pose a grave threat to the financial stability of the U.S.121(a)18 months after enactmentSystemic Risk
13FSOCRule MakingFSOC is authorized to (1) issue recommendations applying new or heightened standards and safeguards to a financial activity or practice conducted by BHCs or nonbank financial companies, and (2) recommend that the applicable agencies remove the standard120(a) Systemic Risk
14SEC; CFTC, FRB, OCCRule MakingPFRA must impose any standards recommended by FSOC or explain in writing within 90 days why it has elected not to follow the FSOC’s recommendation120(c) Systemic Risk
15FSOCReportFSOC must report to Congress on the recommendations authorized by Section120, including whether agencies have implemented them, and must make recommendations for legislative changes where there is no PFRA120(d) Systemic Risk
16SEC; CFTC, FRB, OCCRule MakingPFRA must promulgate regulations establishing a procedure under which entities under its jurisdiction may appeal a determination by the agency that the standards imposed should remain in effect after FSOC has recommended removal of standard120(e)(2)18 months after enactmentSystemic Risk
12FSOCOtherFSOC may require a bank holding company with total assets of $50 billion to submit reports detailing their financial condition, systems in place to monitor risk, transactions with any subsidiary that is a depository institution and the extent to which any operations could pose systemic risks116(a) Systemic Risk
5FSOCStudyFSOC must submit to Congress a study on the feasibility, benefits, costs, and structure of a contingent capital requirement for Covered Nonbank Companies and Covered BHCs115(c)(1)2 years after enactmentSystemic Risk
6FSOCOtherFSOC is authorized to recommend to the FRB that it require any Covered Nonbank Company and any Covered BHC to maintain a minimum amount of long-term hybrid debt that is convertible to equity in times of stress115(c)(3) Systemic Risk
7FSOCOtherFSOC is authorized to make recommendations to the FRB and FDIC concerning the required resolution plan for Covered Nonbank Companies and Covered BHCs115(d)(1) Systemic Risk
8FSOCOtherFSOC is authorized to make recommendations to the FRB and FDIC concerning the advisability of requiring Covered Nonbank Companies and Covered BHCs to report periodically on credit exposures115(d)(2) Systemic Risk
9FSOCOtherFSOC is authorized to make recommendations to the FRB prescribing concentration limits for Covered Nonbank Companies and Covered BHCs115(e) Systemic Risk
10FSOCOtherFSOC is authorized to recommend to the FRB that it require periodic public disclosures by Covered BHCs and Covered Nonbank Companies to support market evaluation of the risk profile, capital adequacy, and risk-management strategies115(f) Systemic Risk
11FSOCOtherFSOC may make recommendations to the FRB to require short-term debt limits115(g) Systemic Risk
4FSOCReportFSOC shall report and testify before Congress annually on regulatory developments, including insurance and accounting regulations and standards, along with an assessment of those developments on the stability of the financial system112(a)(2)AnnualSystemic Risk
3FSOCRule MakingFSOC must adopt rules necessary for the conduct of its business111(e) Systemic Risk
1FRBRule MakingFRB must promulgate rule defining "significant nonbank financial company" and "significant bank holding company"102(a)(7) Systemic Risk
2FRBRule MakingFRB must promulgate regulations establishing criteria for determining whether a company is "predominantly engaged" in financial activities in the U.S.102(b) Systemic Risk

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