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124 STAT. 1418 PUBLIC LAW 111–203—JULY 21, 2010

(B) to monitor, investigate, and report on changes in
systemwide risk levels and patterns to the Council and
Congress;
(C) to conduct, coordinate, and sponsor research to
support and improve regulation of financial entities and
markets;
(D) to evaluate and report on stress tests or other
stability-related evaluations of financial entities overseen
by the member agencies;
(E) to maintain expertise in such areas as may be
necessary to support specific requests for advice and assist-
ance from financial regulators;
(F) to investigate disruptions and failures in the finan-
cial markets, report findings, and make recommendations
to the Council based on those findings;
(G) to conduct studies and provide advice on the impact
of policies related to systemic risk; and
(H) to promote best practices for financial risk manage-
ment.
(d) REPORTING RESPONSIBILITIES.—
(1) REQUIRED REPORTS.—Not later than 2 years after the
date of enactment of this Act, and not later than 120 days
after the end of each fiscal year thereafter, the Office shall
prepare and submit a report to Congress.
(2) CONTENT.—Each report required by this subsection
shall assess the state of the United States financial system,
including—
(A) an analysis of any threats to the financial stability
of the United States;
(B) the status of the efforts of the Office in meeting
the mission of the Office; and
(C) key findings from the research and analysis of
the financial system by the Office.

12 USC 5345. SEC. 155. FUNDING.
(a) FINANCIAL RESEARCH FUND.—
(1) FUND ESTABLISHED.—There is established in the
Treasury of the United States a separate fund to be known
as the ‘‘Financial Research Fund’’.
(2) FUND RECEIPTS.—All amounts provided to the Office
under subsection (c), and all assessments that the Office
receives under subsection (d) shall be deposited into the Finan-
cial Research Fund.
(3) INVESTMENTS AUTHORIZED.—
(A) AMOUNTS IN FUND MAY BE INVESTED.—The Director
may request the Secretary to invest the portion of the
Financial Research Fund that is not, in the judgment of
the Director, required to meet the needs of the Office.
(B) ELIGIBLE INVESTMENTS.—Investments shall be
made by the Secretary in obligations of the United States
or obligations that are guaranteed as to principal and
interest by the United States, with maturities suitable
to the needs of the Financial Research Fund, as determined

LAWS by the Director. (4) INTEREST AND PROCEEDS CREDITED.—The interest on, and the proceeds from the sale or redemption of, any obligationsPUBLIC with on anorris VerDate Nov 24 2008 00:54 Jul 29, 2010 Jkt 089139 PO 00203 Frm 00044 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL203.111 GPO1 PsN: PUBL203