Sec. 314. Small bank holding company clearing exemption
111 words·~1 min read·
/bill/115/hr/238/eh/section-314A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 2(h)(7)(C) of the Commodity Exchange Act ( 7 U.S.C. 2(h)(7)(C) ) is amended by adding at the end the following: A determination made by the Commission under clause
(ii)shall, with respect to small banks and savings associations, also apply to their respective bank holding company (as defined in section 2 of the Bank Holding Company Act of 1956), or savings and loan holding company (as defined in section 10 of the Home Owners’ Loan Act of 1933)), if the total consolidated assets of the holding company are no greater than the asset threshold set by the Commission in determining small bank and savings association eligibility under clause (ii). .
Connectionstraces to 1
Citation graph
cites case law
Sec. 314
Small bank holding company clearing exemption
Cites 1Cited by 0 across 0 sources