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Code · BILL · 114th Congress · H.R. 4096 (Referred in Senate) — To amend the Volcker Rule to permit certain investment advisers to share a similar name with a private equity fund, s... · Sec. 2

Sec. 2. Naming restrictions

188 words·~1 min read·/bill/114/hr/4096/rfs/section-2

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Section 13 of the Bank Holding Company Act of 1956 ( 12 U.S.C. 1851 ) is amended— in subsection (d)(1)(G)(vi), by inserting before the semicolon the following: , except that the hedge fund or private equity fund may share the same name or a variation of the same name as a banking entity that is an investment adviser to the hedge fund or private equity find, if— such investment adviser is not an insured depository institution, a company that controls an insured depository institution, or a company that is treated as a bank holding company for purposes of section 8 of the International Banking Act of 1978; such investment adviser does not share the same name or a variation of the same name as an insured depository institution, any company that controls an insured depository institution, or any company that is treated as a bank holding company for purposes of section 8 of the International Banking Act of 1978; and such name does not contain the word bank ; and in subsection (h)(5)(C), by inserting before the period the following: , except as permitted under subsection (d)(1)(G)(vi) .
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Sec. 2
Naming restrictions
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