,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #decb  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,april #cj1 #bjad     
,mrs4 ,beatty 7= h]self & ,mr4 ,/iv]s7  
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]vision4 
#a4 ,enhanc$ sup]vision ( c]ta9 bank    
hold+ companies  7a7 ,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  7b7 ,revisions to ,c\ncil au?ority   
7#a7 ,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  7#b7 ,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 ,9 g5]al ,!re is a           
det]m9ation t bank hold+ companies )    
total consolidat$ assets equal to or    
great] ?an #bej1jjj1jjj1jjj %all be     
subject to enhanc$ sup]vision &         
prud5tial /&>ds by ! ,bo>d ( ,gov]nors1 
9 accordance ) section #afe4  7#b7      

,enhanc$ sup]vision = c]ta9 bank hold+  
companies  7,a7 ,det]m9ation ,! ,c\ncil 
%all review ea* bank hold+ company )    
total consolidat$ assets equal to or    
great] ?an #ej1jjj1jjj1jjj b less ?an   
#bej1jjj1jjj1jjj to det]m9e :e!r su*    
company %all be subject to enhanc$      
sup]vision & prud5tial /&>ds by ! ,bo>d 
( ,gov]nors1 9 accordance ) section     
#afe4 ,su* det]m9ation %all be made if !
 ,c\ncil1 on a non-delegable basis & by 
a vote ( n few] ?an #b_/c ( ! vot+      
memb]s !n s]v+1 includ+ an affirmative  
vote by ! ,*airp]son1 det]m9es 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 
subp>agraph 7,a71 ! ,c\ncil %all consid]
 ! foll[+3  7i7 ! size ( ! bank hold+   
company2  7ii7 ! int]connect$ness ( !   
bank hold+ company2  7iii7 ! ext5t (    

readily available sub/itutes or f9ancial
 in/itution infra/ructure = ! s]vices ( 
! bank hold+ company2  7iv7 ! global    
cross-jurisdictional activity ( ! bank  
hold+ company2 &  7v7 ! complexity ( !  
bank hold+ company4  7,c7 ,review (     
det]m9ation ,) respect to a bank hold+  
company describ$ "u subp>agraph 7,a7 t  
is n subject to enhanc$ sup]vision &    
prud5tial /&>ds1 ! ,c\ncil %all p]=m an 
additional review "u subp>agraph 7,a7 ( 
su* company if--  7i7 ! ,c\ncil f9ds t !
 nature1 scope1 size1 scale1            
conc5tration1 int]connect$ness1 or mix (
 ! activities ( ! bank hold+ company h  
significantly *ang$ & ! company %\ld be 
review$ aga9 to det]m9e if x may pose a 
?reat to ! f9ancial /ability ( ! ,unit$ 
,/ates2 or  7ii7 a p]iod ( #cf mon?s has
 pass$ s9ce ! bank hold+ company 0 la/  
review$ "u subp>agraph 7,a74  7,d7      
,notification ( review ,if1 aft] a      
review "u ?is p>agraph1 ! ,c\ncil       
det]m9es t a bank hold+ company describ$
 "u subp>agraph 7,a7 %all be subject to 

enhanc$ sup]vision & prud5tial /&>ds1 ! 
,c\ncil %all provide ! bank hold+       
company ) writt5 notice ( su*           
det]m9ation & an explanation ( !        
,c\ncil's reason+ = su* det]m9ation4    
7,e7 ,t]m9ation ( enhanc$ sup]vision &  
prud5tial /&>ds ,if1 ) respect to a bank
 hold+ company describ$ "u subp>agraph  
7,a7 t is subject to enhanc$ sup]vision 
& prud5tial /&>ds1 ! ,c\ncil f9ds1 on a 
non-delegable basis & by a vote ( n few]
 ?an #b_/c ( ! vot+ memb]s !n s]v+1     
includ+ an affirmative vote by !        
,*airp]son1 t mat]ial f9ancial di/ress  
at ! bank hold+ company1 or ! nature1   
scope1 size1 scale1 conc5tration1       
int]connect$ness1 or mix ( ! activities 
( ! bank hold+ company1 d n pose a ?reat
 to ! f9ancial /ability ( ! ,unit$      
,/ates1 su* company %all no long] be    
subject to enhanc$ sup]vision &         
prud5tial /&>ds4  2  7,d7 9 subsection  
7d71 z s r$esignat$--  7i7 9 p>agraph   
7#a77;,a71 by /rik+ subsection 7a77#b7  
or 7b77#b7 & ins]t+ subsection 7a77#b71 

7b77#b71 or 7c77#b72 &  7ii7 9 p>agraph 
7#d71 by /rik+ ,subsections 7d7 ?r\gh   
7h7 & ins]t+ ,subsections 7e7 ?r\gh 7i72
  7,e7 9 subsections 7f71 7g71 7h71 7i71
 & 7j71 z s r$esignat$--  7i7 by /rik+  
subsections 7a7 & 7b7 ea* place su* t]m 
appe>s & ins]t+ subsections 7a71 7b71 & 
7c72 &  7ii7 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$1 by /rik+ subsection 7d77#b71
 7e77#c71 or 7f77#e7 & ins]t+ subsection
 7e77#b71 7f77#c71 or 7g77#e74  7#c7    
,enhanc$ 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--  7i7 9 subp>agraph 
7,a71 by /rik+ or at ! end2  7ii7 by    
/rik+ ! ,c\ncil may & all t foll[s ?r\gh
 diff]5tiate & ins]t+ ! ,c\ncil may     
diff]5tiate2 &  7iii7 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  7#d7 ,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  7#e7 ,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  7#f7 ,(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  7c7 ,revisions to ,bo>d  
au?ority  7#a7 ,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  7#b7 ,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  7#c7 ,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--  7i7
 by /rik+ 7,a7 ,9 g5]al4--2 &  7ii7 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 ,effective date2  

exp$it$ rulemak+ au?ority  7#a7         
,effective date ,! am5dm5ts made by ?is 
section %all take effect on ! e>li] ( ! 
foll[+3  7,a7 ! date on :i* ! ,f9ancial 
,/ability ,ov]sight ,c\ncil issues f9al 
regulations to c>ry out ! am5dm5t made  
by ?is section2 or  7,b7 ! end ( !      
#ah-mon? p]iod beg9n+ on ! date ( !     
enactm5t ( ?is ,act4  7#b7 ,exp$it$     
,rulemak+ ,au?ority ,! ,f9ancial        
,/ability ,ov]sight ,c\nsel & ! ,bo>d ( 
,gov]nors ( ! ,f$]al ,res]ve ,sy/em     
%all--  7,a7 issue regulations to c>ry  
out ! am5dm5ts made by ?is section--    
7i7 9 propos$ =m1 n lat] ?an ! end ( !  
#ij-;day p]iod beg9n+ on ! date ( !     
enactm5t ( ?is ,act2 &  7ii7 9 f9al =m1 
n lat] ?an ! end ( ! #ahj-;day p]iod    
beg9n+ on ! date ( ! enactm5t ( ?is     
,act2 &  7,b7 su* f9al regulations %all 
take effect n lat] ?an ! end ( ! #a-ye> 
p]iod beg9n+ on ! date ( ! enactm5t (   
?is ,act4  #b4 ,s5se ( ,congress ,x is !
 s5se ( ,congress t--  7#a7 consolidat$ 
asset size rema9s a factor1 b only "o ( 

_m factors1 t %\ld be consid]$ 9 det]m9+
 sy/emic risk2 &  7#b7 ! m objective &  
complete processes id5tifi$ 9 section   
#aab ( ! ,dodd-,frank ,wall ,/reet ,re=m
 & ,consum] ,protection ,act1 z modifi$ 
by ?is ,act1 repres5t a m accurate      
indicator ( sy/emic risk4