Authority to Require Supervision and Regulation of Certain Non Bank Financial Companies
19 Dec 2011
Source: Financial Stability Oversight Council
Date: 19 December 2011
The proposed rule and attached guidance describe the manner in which the Council intends to apply the statutory standards and considerations, and the processes and procedures that the Council intends to follow, in making determinations under section 113 of the Dodd-Frank Act. The Council issued an advance notice of proposed rulemaking on October 6, 2010, and a notice of proposed rulemaking on January 26, 2011, regarding determinations under section 113.
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