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Public Law 111-203 including PTFA amendments

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Public Law 111-203 including PTFA amendments · 2026-09-26 edition · updated 2026-09-27 · California

PUBLIC LAW 111–203—JULY 21, 2010 124 STAT. 1377

Subtitle C—Additional Board of Governors Authority for Certain Nonbank Financial Companies and Bank Holding Companies Sec. 161. Reports by and examinations of nonbank financial companies by the Board of Governors. Sec. 162. Enforcement. Sec. 163. Acquisitions. Sec. 164. Prohibition against management interlocks between certain financial companies. Sec. 165. Enhanced supervision and prudential standards for nonbank financial companies supervised by the Board of Governors and certain bank hold- ing companies. Sec. 166. Early remediation requirements. Sec. 167. Affiliations. Sec. 168. Regulations. Sec. 169. Avoiding duplication. Sec. 170. Safe harbor. Sec. 171. Leverage and risk-based capital requirements. Sec. 172. Examination and enforcement actions for insurance and orderly liquida- tion purposes. Sec. 173. Access to United States financial market by foreign institutions. Sec. 174. Studies and reports on holding company capital requirements. Sec. 175. International policy coordination. Sec. 176. Rule of construction.

TITLE II—ORDERLY LIQUIDATION AUTHORITY

Sec. 201. Definitions. Sec. 202. Judicial review. Sec. 203. Systemic risk determination. Sec. 204. Orderly liquidation of covered financial companies. Sec. 205. Orderly liquidation of covered brokers and dealers. Sec. 206. Mandatory terms and conditions for all orderly liquidation actions. Sec. 207. Directors not liable for acquiescing in appointment of receiver. Sec. 208. Dismissal and exclusion of other actions. Sec. 209. Rulemaking; non-conflicting law. Sec. 210. Powers and duties of the Corporation. Sec. 211. Miscellaneous provisions. Sec. 212. Prohibition of circumvention and prevention of conflicts of interest. Sec. 213. Ban on certain activities by senior executives and directors. Sec. 214. Prohibition on taxpayer funding. Sec. 215. Study on secured creditor haircuts. Sec. 216. Study on bankruptcy process for financial and nonbank financial institu- tions Sec. 217. Study on international coordination relating to bankruptcy process for nonbank financial institutions

TITLE III—TRANSFER OF POWERS TO THE COMPTROLLER OF THE CURRENCY, THE CORPORATION, AND THE BOARD OF GOVERNORS Sec. 300. Short title. Sec. 301. Purposes. Sec. 302. Definition.

Subtitle A—Transfer of Powers and Duties

Sec. 311. Transfer date. Sec. 312. Powers and duties transferred. Sec. 313. Abolishment. Sec. 314. Amendments to the Revised Statutes. Sec. 315. Federal information policy. Sec. 316. Savings provisions. Sec. 317. References in Federal law to Federal banking agencies. Sec. 318. Funding. Sec. 319. Contracting and leasing authority.

Subtitle B—Transitional Provisions

Sec. 321. Interim use of funds, personnel, and property of the Office of Thrift Su- pervision. Sec. 322. Transfer of employees.

LAWS Sec.Sec. 323.324. PropertyFunds transferred.transferred. Sec. 325. Disposition of affairs. Sec. 326. Continuation of services.PUBLIC with on anorris VerDate Nov 24 2008 00:54 Jul 29, 2010 Jkt 089139 PO 00203 Frm 00003 Fmt 6580 Sfmt 6582 E:\PUBLAW\PUBL203.111 GPO1 PsN: PUBL203

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▸Contents — Public Law 111-203 including PTFA amendments

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