Sec. 4. Rule of construction
86 words·~1 min read·
/bill/115/s/1893/is/section-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Nothing in this Act or the amendments made by this Act shall be construed to prohibit the Board of Governors of the Federal Reserve System from prescribing enhanced prudential standards for any bank holding company which the Board of Governors determines, based upon the bank holding company’s size, interconnectedness, substitutability, global cross-jurisdictional activity, and complexity, could pose a safety and soundness risk to the stability of the United States banking or financial system but has not been designated as a global systemically important bank holding company.