,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #djfj  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #ad1 #bjad   
,mr4 ,luetkemey] 7= himself1 ,mr4       
,ba*us1 ,mr4 ,/iv]s1 ,mr4 ,david ,scott 
( ,georgia1 ,mr4 ,murphy ( ,florida1 &  
,ms4 ,sewell ( ,alabama7 introduc$ !    
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,f9ancial ,s]vices  ,a    
,,bill  ,to am5d ! ,dodd-,frank ,wall   
,/reet ,re=m & ,consum] ,protection ,act
 to specify :5 bank hold+ companies may 
be subject to c]ta9 enhanc$ sup]vision1 
& = o!r purposes4  #a4 ,%ort title ,?is 
,act may be cit$ z ! ,sy/emic ,risk     
,designation ,improvem5t ,act ( #bjad4  
#b4 ,table ( cont5ts ,! table ( cont5ts 
= ! ,dodd-,frank ,wall ,/reet ,re=m &   
,consum] ,protection ,act 7#ab ,u4,s4,c4
 #ecja et seq47 is am5d$ by /rik+ ! item
 relat+ to section #aac & ins]t+ !      
foll[+3  ,sec4 #aac4 ,au?ority to       
require enhanc$ sup]vision & regulation 
( c]ta9 nonbank f9ancial companies &    
c]ta9 bank hold+ companies4  4  #c4     

,revisions to c\ncil au?ority  7a7      
,purposes & duties ,section #aab ( !    
,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act 7#ab ,u4,s4,c4
 #ecbb7 is am5d$ 9 subsection           
7a77#b77;,i7 by ins]t+ be=e ! semicolon 
1 :i* h be5 ! subject ( a f9al          
det]m9ation "u section #aac4  7b7 ,bank 
hold+ company designation ,section #aac 
( ! ,dodd-,frank ,wall ,/reet ,re=m &   
,consum] ,protection ,act 7#ab ,u4,s4,c4
 #ecbc7 is am5d$--  7#a7 by am5d+ !     
head+ = su* section to read z foll[s3   
,au?ority to require enhanc$ sup]vision 
& regulation ( c]ta9 nonbank f9ancial   
companies & c]ta9 bank hold+ companies2 
7#b7 by r$esignat+ subsections 7c71 7d71
 7e71 7f71 7g71 7h71 & 7i7 z subsections
 7d71 7e71 7f71 7g71 7h71 7i71 & 7j71   
respectively2  7#c7 by ins]t+ aft]      
subsection 7b7 ! foll[+3  7c7 ,bank     
hold+ companies subject to enhanc$      
sup]vision & prud5tial /&>ds "u section 
#afe  7#a7 ,det]m9ation ,! ,c\ncil1 on a
 nondelegable basis & by a vote ( n few]

 ?an #bc ( ! vot+ memb]s !n s]v+1       
includ+ an affirmative vote by !        
,*airp]son1 may det]m9e t a bank hold+  
company %all be subject to enhanc$      
sup]vision & prud5tial /&>ds by ! ,bo>d 
( ,gov]nors1 9 accordance ) section     
#afe1 if ! ,c\ncil det]m9es1 bas$ on !  
consid]ations 9 p>agraph 7#b71 t mat]ial
 f9ancial di/ress at ! bank hold+       
company1 or ! nature1 scope1 size1      
scale1 conc5tration1 int]connect$ness1  
or mix ( ! activities ( ! bank hold+    
company1 c\ld pose a ?reat to ! f9ancial
 /ability ( ! ,unit$ ,/ates4  7#b7      
,consid]ations ,9 mak+ a det]m9ation "u 
p>agraph 7#a71 ! ,c\ncil %all use !     
indicator-bas$ measurem5t approa*       
e/abli%$ by ! ,basel ,committee on      
,bank+ ,sup]vision to det]m9e sy/emic   
importance1 :i* consid]s--  7,a7 ! size 
( ! bank hold+ company2  7,b7 !         
int]connect$ness ( ! bank hold+ company2
  7,c7 ! ext5t ( readily available      
sub/itutes or f9ancial in/itution       
infra/ructure = ! s]vices ( ! bank hold+

 company2  7,d7 ! global                
cross-jurisdictional activity ( ! bank  
hold+ company2 &  7,e7 ! complexity ( ! 
bank hold+ company4  7#c7 ,exemption =  
c]ta9 bank hold+ companies ,?is         
subsection %all n apply to a bank hold+ 
company ) total consolidat$ assets (    
#ej1jjj1jjj1jjj or less4  2  7#d7 9     
subsection 7d71 z s r$esignat$--  7,a7 9
 p>agraph 7#a77;,a71 by /rik+ subsection
 7a77#b7 or 7b77#b7 & ins]t+ subsection 
7a77#b71 7b77#b71 or 7c77#b72 &  7,b7 9 
p>agraph 7#d71 by /rik+ ,subsections 7d7
 ?r\gh 7h7 & ins]t+ ,subsections 7e7    
?r\gh 7i72  7#e7 9 subsections 7e71 7f71
 7g71 7h71 7i71 & 7j7--  7,a7 by /rik+  
subsections 7a7 & 7b7 ea* place su* t]m 
appe>s & ins]t+ subsections 7a71 7b71 & 
7c72 &  7,b7 by /rik+ nonbank f9ancial  
company ea* place su* t]m appe>s &      
ins]t+ bank hold+ company = :i* !re has 
be5 a det]m9ation "u subsection 7c7 or  
nonbank f9ancial company2  7#f7 9       
subsection 7g71 z s r$esignat$1 by /rik+
 subsection 7e7 & ins]t+ subsection 7f72

  7#g7 9 subsection 7h71 z s r$esignat$1
 by /rik+ subsection 7a71 7b71 or 7c7 & 
ins]t+ subsection 7a71 7b71 7c71 or 7d72
 &  7#h7 9 subsection 7i71 z s          
r$esignat$1 by /rik+ subsection 7d77#b71
 7e77#c71 or 7f77#e7 & ins]t+ subsection
 7e77#b71 7f77#c71 or 7g77#e74  7c7     
,enhanc$ sup]vision ,section #aae ( !   
,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act 7#ab ,u4,s4,c4
 #ecbe7 is am5d$--  7#a7 9 subsection   
7a77#a71 by /rik+ l>ge1 int]connect$    
bank hold+ companies & ins]t+ bank hold+
 companies :i* h be5 ! subject ( a f9al 
det]m9ation "u section #aac2  7#b7 9    
subsection 7a77#b7--  7,a7 9 subp>agraph
 7,a71 by /rik+ or at ! end2  7,b7 by   
/rik+ ! ,c\ncil may & all t foll[s ?r\gh
 diff]5tiate & ins]t+ ! ,c\ncil may     
diff]5tiate2 &  7,c7 by /rik+           
subp>agraph 7,b72 &  7#c7 9 subsection  
7b77#c71 by /rik+ subsections 7a7 & 7b7 
( section #aac ea* place su* t]m appe>s 
& ins]t+ subsections 7a71 7b71 & 7c7 (  
section #aac4  7d7 ,reports ,section    

#aaf7;a7 ( ! ,dodd-,frank ,wall ,/reet  
,re=m & ,consum] ,protection ,act 7#ab  
,u4,s4,c4 #ecbf7;a77 is am5d$ by /rik+ )
 total consolidat$ assets (             
#ej1jjj1jjj1jjj or great] & ins]t+ :i*  
has be5 ! subject ( a f9al det]m9ation  
"u section #aac4  7e7 ,mitigation       
,section #aba ( ! ,dodd-,frank ,wall    
,/reet ,re=m & ,consum] ,protection ,act
 7#ab ,u4,s4,c4 #ecca7 is am5d$--  7#a7 
9 subsection 7a71 by /rik+ ) total      
consolidat$ assets ( #ej1jjj1jjj1jjj or 
m & ins]t+ :i* has be5 ! subject ( a    
f9al det]m9ation "u section #aac2 &     
7#b7 9 subsection 7c71 by /rik+         
subsection 7a7 or 7b7 ( section #aac &  
ins]t+ subsection 7a71 7b71 or 7c7 (    
section #aac4  7f7 ,(fice ( f9ancial    
rese>* ,section #aee ( ! ,dodd-,frank   
,wall ,/reet ,re=m & ,consum]           
,protection ,act 7#ab ,u4,s4,c4 #ecde7  
is am5d$ 9 subsection 7d7 by /rik+ )    
total consolidat$ assets (              
#ej1jjj1jjj1jjj or great] & ins]t+ :i* h
 be5 ! subject ( a f9al det]m9ation "u  

section #aac4  #d4 ,revisions to ,bo>d  
au?ority  7a7 ,acquisitions ,section    
#afc ( ! ,dodd-,frank ,wall ,/reet ,re=m
 & ,consum] ,protection ,act 7#ab       
,u4,s4,c4 #ecfc7 is am5d$ by /rik+ )    
total consolidat$ assets equal to or    
great] ?an #ej1jjj1jjj1jjj ea* place su*
 t]m appe>s & ins]t+ :i* has be5 !      
subject ( a f9al det]m9ation "u section 
#aac4  7b7 ,managem5t int]locks ,section
 #afd ( ! ,dodd-,frank ,wall ,/reet     
,re=m & ,consum] ,protection ,act 7#ab  
,u4,s4,c4 #ecfd7 is am5d$ by /rik+ )    
total consolidat$ assets equal to or    
great] ?an #ej1jjj1jjj1jjj & ins]t+ :i* 
has be5 ! subject ( a f9al det]m9ation  
"u section #aac4  7c7 ,enhanc$          
sup]vision & prud5tial /&>ds ,section   
#afe ( ! ,dodd-,frank ,wall ,/reet ,re=m
 & ,consum] ,protection ,act 7#ab       
,u4,s4,c4 #ecfe7 is am5d$--  7#a7 9     
subsection 7a71 by /rik+ ) total        
consolidat$ assets equal to or great]   
?an #ej1jjj1jjj1jjj & ins]t+ :i* h be5 !
 subject ( a f9al det]m9ation "u section

 #aac2  7#b7 9 subsection 7a77#b7--     
7,a7 by /rik+ 7,a7 ,9 g5]al4--2 &  7,b7 
by /rik+ subp>agraph 7,b72  7#c7 by     
/rik+ subsections 7a7 & 7b7 ( section   
#aac ea* place su* t]m appe>s & ins]t+  
subsections 7a71 7b71 & 7c7 ( section   
#aac2 &  7#d7 9 subsection 7j71 by /rik+
 ) total consolidat$ assets equal to or 
great] ?an #ej1jjj1jjj1jjj & ins]t+ :i* 
has be5 ! subject ( a f9al det]m9ation  
"u section #aac4  7d7 ,con=m+ ,am5dm5t  
,! second subsection 7s7 7relat+ to     
,assessm5ts1 ,fees1 & ,o!r ,*>ges =     
,c]ta9 ,companies7 ( section #aa ( !    
,f$]al ,res]ve ,act 7#ab ,u4,s4,c4 #bdh7
 is am5d$--  7#a7 by r$esignat+ su*     
subsection z subsection 7t72 &  7#b7 9  
p>agraph 7#b7--  7,a7 9 subp>agraph     
7,a71 by /rik+ hav+ total consolidat$   
assets ( #ej1jjj1jjj1jjj or m2 & ins]t+ 
:i* h be5 ! subject ( a f9al det]m9ation
 "u section #aac ( ! ,dodd-,frank ,wall 
,/reet ,re=m & ,consum] ,protection     
,act2 &2  7,b7 by /rik+ subp>agraph     
7,b72 &  7,c7 by r$esignat+ subp>agraph 

7,c7 z subp>agraph 7,b74  #e4 ,effective
 date  7a7 ,9 g5]al ,subject to         
subsection 7b71 ! am5dm5ts made by ?is  
,act %all take effect "o ye> aft] ! date
 ( enactm5t ( ?is ,act4  7b7            
,presumption ( ,det]m9ation ,not)/&+    
subsection 7a71 ) respect to a bank     
hold+ company t has be5 id5tifi$ by !   
,f9ancial ,/ability ,bo>d z a ,global   
,sy/emically ,important ,f9ancial       
,in/itution1 ! ,f9ancial ,/ability      
,ov]sight ,c\ncil may1 ^u enactm5t ( ?is
 ,act1 beg9 proce$+s = a det]m9ation "u 
section #aac7;c7 ( ! ,dodd-,frank ,wall 
,/reet ,re=m & ,consum] ,protection     
,act1 z add$ by section #c7;b77#c71 b ! 
,c\ncil may n make a f9al det]m9ation "u
 su* section #aac7;c7 ) respect to a    
bank hold+ company be=e ! effective date
 describ$ "u subsection 7a74