Title 12 — Banks and Banking
Chapter 53. Wall Street Reform and Consumer Protection
144 sections
Subchapter I — Financial Stability
Part A — Financial Stability Oversight Council
- 5321Financial Stability Oversight Council established
- 5322Council authority
- 5323Authority to require supervision and regulation of certain nonbank financial companies
- 5324Registration of nonbank financial companies supervised by the Board of Governors
- 5325Enhanced supervision and prudential standards for nonbank financial companies supervised by the Board of Governors and certain bank holding companies
- 5326Reports
- 5327Treatment of certain companies that cease to be bank holding companies
- 5328Council funding
- 5329Resolution of supervisory jurisdictional disputes among member agencies
- 5330Additional standards applicable to activities or practices for financial stability purposes
- 5331Mitigation of risks to financial stability
- 5332GAO audit of Council
- 5333Study of the effects of size and complexity of financial institutions on capital market efficiency and economic growth
- 5334Data standards
- 5335Open data publication
Part B — Office of Financial Research
Part C — Additional Board of Governors Authority for Certain Nonbank Financial Companies and Bank Holding Companies
- 5361Reports by and examinations of nonbank financial companies by the Board of Governors
- 5362Enforcement
- 5363Acquisitions
- 5364Prohibition against management interlocks between certain financial companies
- 5365Enhanced supervision and prudential standards for nonbank financial companies supervised by the Board of Governors and certain bank holding companies
- 5366Early remediation requirements
- 5367Affiliations
- 5368Regulations
- 5369Avoiding duplication
- 5370Safe harbor
- 5371Leverage and risk-based capital requirements
- 5372Rule of construction
- 5373International policy coordination
- 5374Rule of construction
Subchapter II — Orderly Liquidation Authority
- 5381Definitions
- 5382Judicial review
- 5383Systemic risk determination
- 5384Orderly liquidation of covered financial companies
- 5385Orderly liquidation of covered brokers and dealers
- 5386Mandatory terms and conditions for all orderly liquidation actions
- 5387Directors not liable for acquiescing in appointment of receiver
- 5388Dismissal and exclusion of other actions
- 5389Rulemaking; non-conflicting law
- 5390Powers and duties of the Corporation
- 5391Inspector General reviews
- 5392Prohibition of circumvention and prevention of conflicts of interest
- 5393Ban on certain activities by senior executives and directors
- 5394Prohibition on taxpayer funding
Subchapter III — Transfer of Powers to the Comptroller of the Currency, the Corporation, and the Board of Governors
Part A — Transfer of Powers and Duties
Part B — Transitional Provisions
Part C — Other Matters
Subchapter IV — Payment, Clearing, and Settlement Supervision
- 5461Findings and purposes
- 5462Definitions
- 5463Designation of systemic importance
- 5464Standards for systemically important financial market utilities and payment, clearing, or settlement activities
- 5465Operations of designated financial market utilities
- 5466Examination of and enforcement actions against designated financial market utilities
- 5467Examination of and enforcement actions against financial institutions subject to standards for designated activities
- 5468Requests for information, reports, or records
- 5469Rulemaking
- 5470Other authority
- 5471Consultation
- 5472Common framework for designated clearing entity risk management
Subchapter V — Bureau of Consumer Financial Protection
Part A — Bureau of Consumer Financial Protection
- 5491Establishment of the Bureau of Consumer Financial Protection
- 5492Executive and administrative powers
- 5493Administration
- 5494Consumer Advisory Board
- 5495Coordination
- 5496Appearances before and reports to Congress
- 5496aAnnual audits
- 5496bGAO study of financial regulations
- 5497Funding; penalties and fines
- 5498Data standards
- 5499Open data publication
Part B — General Powers of the Bureau
- 5511Purpose, objectives, and functions
- 5512Rulemaking authority
- 5513Review of Bureau regulations
- 5514Supervision of nondepository covered persons
- 5515Supervision of very large banks, savings associations, and credit unions
- 5516Other banks, savings associations, and credit unions
- 5517Limitations on authorities of the Bureau; preservation of authorities
- 5518Authority to restrict mandatory pre-dispute arbitration
- 5519Exclusion for auto dealers
Part C — Specific Bureau Authorities
- 5531Prohibiting unfair, deceptive, or abusive acts or practices
- 5532Disclosures
- 5533Consumer rights to access information
- 5534Response to consumer complaints and inquiries
- 5535Private Education Loan Ombudsman
- 5536Prohibited acts
- 5537Senior investor protections
- 5538Mortgage loans; rulemaking procedures; enforcement