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Code · BILL · 114th Congress · S. 1709 (Introduced in Senate) — To reduce risks to the financial system by limiting banks’ ability to engage in certain risky activities and limiting... · Sec. 6

Sec. 6. Technical and conforming amendments

1,028 words·~5 min read·/bill/114/s/1709/is/section-6

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The Bank Holding Company Act of 1956 ( 12 U.S.C. 1841 et seq. ) is amended— in section 2 ( 12 U.S.C. 1841 )— by striking subsection (p); and by redesignating subsection
(q)as subsection (p); and in section 5 ( 12 U.S.C. 1844 )— in subsection (a), by striking the last sentence; in subsection (c), by striking paragraphs (3), (4), and (5); and by striking subsection (g). Section 106(a) of the Bank Holding Company Act Amendments of 1970 ( 12 U.S.C. 1971(a) ) is amended by striking the last sentence. Section 7A(c) of the Clayton Act ( 15 U.S.C. 18a(c) ) is amended— in paragraph (7), by striking , except that and all that follows and inserting a semicolon; and in paragraph (8), by striking , except that and all that follows and inserting a semicolon. Section 2(h)(7)(C)(i)(VIII) of the Commodity Exchange Act ( 7 U.S.C. 2(h)(7)(C)(i)(VIII) ) is amended by striking , as defined in section 4(k) of the Bank Holding Company Act of 1956 . Section 804 of the Community Reinvestment Act of 1977 ( 12 U.S.C. 2903 ) is amended— by striking subsection (c); and by redesignating subsection
(d)as subsection (c). Section 201(a)(11)(B) of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5381(a)(11)(B) ) is amended by striking for purposes of section 4(k) of the Bank Holding Company Act of 1956 ( each place that term appears. 12 U.S.C. 1843(k) ) The Federal Deposit Insurance Act ( 12 U.S.C. 1811 et seq. ) is amended— in section 8(b)(3) ( 12 U.S.C. 1818(b)(3) ), by striking section 50 and inserting section 48 ; in section 18(u)(1)(B) ( 12 U.S.C. 1828(u)(1)(B) ), by striking or section 45 of this Act ; by striking sections 45 and 46 (12 U.S.C. 1831v and 1831w); and by redesignating sections 47 through 50 as sections 45 through 48, respectively. The Federal Reserve Act ( 12 U.S.C. 221 et seq. ) is amended— in the 20th undesignated paragraph of section 9 ( 12 U.S.C. 335 ), by striking the last sentence; and in section 23A ( 12 U.S.C. 371c )— in subsection (b)(11), by striking subparagraph
(H)or
(I)of section 4(k)(4) of the Bank Holding Company Act of 1956 or ; by striking subsection (e); and by redesignating subsection
(f)as subsection (e). The Financial Stability Act of 2010 ( 12 U.S.C. 5301 et seq. ) is amended— in section 113(c)(5) ( 12 U.S.C. 5323(c)(5) ), by striking (as defined in section 4(k) of the Bank Holding Company Act of 1956) ; in section 163 ( 12 U.S.C. 5363 )— by striking subsection (b); and in subsection (a), by striking
(a)and all that follows through For purposes and inserting For purposes ; in section 167(b) ( 12 U.S.C. 5367(b) ), by striking under section 4(k) of the Bank Holding Company Act of 1956 each place that term appears; and in section 171(b) ( 12 U.S.C. 5371(b) )— by striking paragraph (3); and by redesignating paragraphs
(4)through
(7)as paragraphs
(3)through (6), respectively. The Gramm-Leach-Bliley Act ( Public Law 106–102 ; 113 Stat. 1338) is amended— by striking section 115 ( 12 U.S.C. 1820a ); in section 505(c) ( 15 U.S.C. 6805(c) )— by striking section 47(g)(2)(B)(iii) of the Federal Deposit Insurance Act and inserting section 45(g)(2)(B)(iii) of the Federal Deposit Insurance Act ; and by striking section 47(a) and inserting section 45(a) ; and in section 509(3)(A) ( 15 U.S.C. 6809(3)(A) ), by striking as described in section 4(k) of the Bank Holding Company Act of 1956 . Section 10(c) of the Home Owners' Loan Act ( 12 U.S.C. 1467a(c) ) is amended— in paragraph (2), by striking subparagraph (H); and in paragraph (9)(A), by striking permitted and all that follows and inserting permitted under paragraph (1)(C) or
(2)of this subsection. . Section 803(5)(A) of the Payment, Clearing, and Settlement Supervision Act of 2010 ( 12 U.S.C. 5462(5)(A) ) is amended— in clause (viii), by adding and at the end; in clause (ix), by striking ; and and inserting a period; and by striking clause (x). The Securities Exchange Act of 1934 ( 15 U.S.C. 78a et seq. ) is amended— in section 3(a)(4)(B)(vi)(II) ( 15 U.S.C. 78c(a)(4)(B)(vi)(II) ), by striking other than and all that follows and inserting other than a registered broker or dealer. ; and in section 3C(g)(3)(A) ( 15 U.S.C. 78c–3(g)(3)(A) )— in clause (vi), by adding and at the end; in clause (vii), by striking the semicolon and inserting a period; and by striking clause (viii). Title 11, United States Code, is amended— in section 101— in paragraph (25)(E), by striking , measured in accordance with section 562 ; in paragraph (47)(A)(v), by striking , measured in accordance with section 562 of this title ; and in paragraph (53B)(A)(vi), by striking , measured in accordance with section 562 ; in section 103(a), by striking 555 through 557, and 559 through 562 and inserting and 555 ; in section 362(b)— in paragraph (6), by striking 555 or each place that term appears; in paragraph (7), by striking (as defined in section 559) each place that term appears; in paragraph (17), by striking (as defined in section 560) each place that term appears; and in paragraph (27), by striking (as defined in section 555, 556, 559, or 560) each place that term appears and inserting (as defined in section 556) ; in section 502(g)— by striking
(1)before A claim ; and by striking paragraph (2); in section 553— in subsection (a)— in paragraph (2)(B)(ii), by striking 555, 556, 559, 560, or 561 and inserting or 556 ; and in paragraph (3)(C), by striking 555, 556, 559, 560, or 561 and inserting or 556 ; and in subsection (b)(1), by striking 555, 556, 559, 560, 561 and inserting 556 ; in section 561(b)(1), by striking 555, 556, 559, or 560 and inserting 556 ; in section 741(7)(A)(xi), by striking , measured in accordance with section 562 ; in section 761(4)(J), by striking , measured in accordance with section 562 ; and in section 901(a), by striking 555, 556, 557, 559, 560, 561, 562 and inserting 556, 557 .
Connectionstraces to 27
3 references not yet in our index
  • Pub. L. 106-102
  • 113 Stat. 1338
  • 15 USC 78c–3(g)(3)(A)
Citation graph
cites case law
Sec. 6
Technical and conforming amendments
Pub. L.Pub. L. 106-102
Stat.113 Stat. 1338
Cite15 USC 78c–3(g)(3)(A)
Cites 30 · showing 12Cited by 0 across 0 sources
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