Sec. 2. CCAR and DFAST reforms

139 words·~1 min read·/bill/115/hr/4293/rfs/section-2

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

Section 165(i) of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5365(i) ) is amended— in paragraph (1)— in subparagraph (B)(i)— by striking 3 different and inserting 2 different ; and by striking , adverse, ; and by adding at the end the following: In carrying out CCAR, the Board of Governors may not object to a company’s capital plan on the basis of qualitative deficiencies in the company’s capital planning process. For purposes of this subparagraph and subparagraph (E), the term CCAR means the Comprehensive Capital Analysis and Review established by the Board of Governors. ; and in paragraph (2)— in subparagraph (A), by striking semiannual and inserting annual ; and in subparagraph (C)(ii), by striking 3 different sets of conditions, including baseline, adverse, and inserting 2 different sets of conditions, including baseline .

Connectionstraces to 1

Traces to 1 document

U.S. Code

Enhanced supervision and prudential standards for nonbank financial companies supervised by the Board of Governors and certain bank holding companies
§ 5365

Citation graph

cites case law

Sec. 2

CCAR and DFAST reforms

U.S.C.§ 5365

Cites 1Cited by 0 across 0 sources