,i #aac? ,,congress #a/ ,session ,h4 ,r4 #cgja ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,decemb] #aa1 #bjac,mr4 ,k+ ( ,new ,york 7= himself1 ,mr4 ,huiz5ga ( ,mi*igan1 ,mr4 ,grimm1 & ,mr4 ,g>y ,g4 ,mill] ( ,cali=nia7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,a ,,bill ,to make improvem5ts to provisions ( ! ,bank ,hold+ ,company ,act ( #aief relat+ to propriet>y trad+ by bank+ entities4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,u4,s4 ,f9ancial ,s]vices ,global ,viability ,act4 #b4 ,am5dm5ts to ! ,bank ,hold+ ,company ,act ( #aief ,section #ac ( ! ,bank ,hold+ ,company ,act ( #aief 7#ab ,u4,s4,c4 #ahea7 is am5d$-- 7#a7 by r$esignat+ subsection 7h7 z subsection 7i7 & by ins]t+ aft] subsection 7g7 ! foll[+ new subsection3 7h7 ,id5tification & c]tification 7#a7 ,9 g5]al ,subsections 7a7 & 7c7 & any rule or regulation prescrib$ pursuant to subsection 7b77#b71 or any o!r regulatory action to en=ce or implem5t any provision ( ?is section1 %all n be effective until ! ,secret>y ( ! ,treasury-- 7,a7 id5tifies ! =eign c\ntries 7includ+ ! ,unit$ ,k+dom1 ,france1 ,g]many1 ,switz]l&1 ,japan1 ,brazil1 ,*9a1 ,canada1 & ,mexico7 t h =eign banks *>t]$ & headqu>t]$ 9 su* c\ntries t compete significantly ) bank+ entities subject to ! provisions ( ?is section2 & 7,b7 c]tifies t su* c\ntries h appli$ to su* =eign banks1 includ+ ! subsidi>ies & affiliates ( su* banks1 requirem5ts equival5t to ^? set =? "u ?is section4 7#b7 ,he>+2 judicial review ,! c]tification "u p>agraph 7#a77;,b7 %all be det]m9$ aft] int]e/$ p>ties are giv5 ! opportunity = a he>+ on ! record 9 accordance ) ! proc$ures set =? "u section #eed ( title #e1 ,unit$ ,/ates ,code1 & su* p>ties are entitl$ to judicial review 9 accordance ) *apt] #g ( su* title 9 ! ,unit$ ,/ates ,c\rt ( ,appeals = ! ,di/rict ( ,columbia ,circuit4 7#c7 ,po/ponem5t ( effective date ,! effective date ( ! provisions1 rules1 & regulations describ$ "u p>agraph 7#a7 %all be po/pon$ p5d+ judicial review4 2 & 7#b7 9 subsection 7i71 z r$esignat$ 9 p>agraph 7#a7-- 7,a7 by r$esignat+ p>agraphs 7#b7 ?r\gh 7#g7 z p>agraphs 7#c7 ?r\gh 7#h71 respectively2 & 7,b7 ins]t+ aft] p>agraph 7#a7 ! foll[+ new p>agraph3 7#b7 ,=eign bank2 =eign c\ntry ,! t]ms =eign bank & =eign c\ntry %all h ! same mean+s z are giv5 su* t]ms 9 section #a ( ! ,int]national ,bank+ ,act ( #aigh 7#ab ,u4,s4,c4 #caja74 4