Continued Application of Regulations to Savings and Loan Holding Companies

Короткий зміст

The Board of Governors of the Federal Reserve System ("Board") is issuing this notice of its intention to continue to enforce certain regulations previously issued by the Office of Thrift Supervision ("OTS") after assuming supervisory responsibility for savings and loan holding companies ("SLHCs") and their non-depository subsidiaries from the OTS in July 2011. The Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd- Frank Act" or "Act") transfers supervisory functions related to SLHCs and their non-depository subsidiaries to the Board on July 21, 2011 ("transfer date").