#aac? ,,congress  #a/ ,session  ,h4 ,r4 
#iib  ,,an ,,act  ,to am5d provisions 9 
section #gaf ( ! ,dodd-,frank ,wall     
,/reet ,re=m & ,consum] ,protection ,act
 relat+ to ,f$]al assi/ance = swaps     
entities4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,swaps ,regulatory         
,improvem5t ,act4  #b4 ,re=m (          
prohibition on swap activity assi/ance  
,section #gaf ( ! ,dodd-,frank ,wall    
,/reet ,re=m & ,consum] ,protection ,act
 7#ae ,u4,s4,c4 #hcje7 is am5d$--  7#a7 
9 subsection 7b7--  7,a7 9 p>agraph     
7#b77;,b71 by /rik+ insur$ depository   
in/itution & ins]t+ cov]$ depository    
in/itution2 &  7,b7 by add+ at ! end !  
foll[+3  7#c7 ,cov]$ depository         
in/itution ,! t]m cov]$ depository      
in/itution means--  7,a7 an insur$      
depository in/itution1 z t t]m is def9$ 
9 section #c ( ! ,f$]al ,deposit        
,insurance ,act 7#ab ,u4,s4,c4 #ahac72 &
  7,b7 a ,unit$ ,/ates un9sur$ bran* or 
ag5cy ( a =eign bank4  2  7#b7 9        
subsection 7c7--  7,a7 9 ! head+ = su*  

subsection1 by /rik+ insur$ & ins]t+    
cov]$2  7,b7 by /rik+ an insur$ & ins]t+
 a cov]$2  7,c7 by /rik+ su* insur$ &   
ins]t+ su* cov]$2 &  7,d7 by /rik+ or   
sav+s & loan hold+ company & ins]t+     
sav+s & loan hold+ company1 or =eign    
bank+ organization 7z su* t]m is def9$  
"u ,regulation ,k ( ! ,bo>d ( ,gov]nors 
( ! ,f$]al ,res]ve ,sy/em 7#ab ,c4,f4,r4
 #baa4ba7o7772  7#c7 by am5d+ subsection
 7d7 to read z foll[s3  7d7 ,only bona  
fide h$g+ & traditional bank activities 
p]mitt$  7#a7 ,9 g5]al ,! prohibition 9 
subsection 7a7 %all n apply to any cov]$
 depository in/itution t limits its swap
 & security-bas$ swap activities to !   
foll[+3  7,a7 ,h$g+ & o!r simil> risk   
mitigation activities ,h$g+ & o!r simil>
 risk mitigat+ activities directly      
relat$ to ! cov]$ depository            
in/itution's activities4  7,b7          
,non-/ructur$ f9ance swap activities    
,act+ z a swaps entity = swaps or       
security-bas$ swaps o!r ?an a /ructur$  
f9ance swap4  7,c7 ,c]ta9 /ructur$      

f9ance swap activities ,act+ z a swaps  
entity = swaps or security-bas$ swaps t 
are /ructur$ f9ance swaps1 if--  7i7 su*
 /ructur$ f9ance swaps are und]tak5 =   
h$g+ or risk managem5t purposes2 or     
7ii7 ea* asset-back$ security und]ly+   
su* /ructur$ f9ance swaps is ( a cr$it  
quality & ( a type or category ) respect
 to :i* ! prud5tial regulators h jo9tly 
adopt$ rules au?oriz+ swap or           
security-bas$ swap activity by cov]$    
depository in/itutions4  7#b7           
,def9itions ,= purposes ( ?is           
subsection3  7,a7 ,/ructur$ f9ance swap 
,! t]m /ructur$ f9ance swap means a swap
 or security-bas$ swap bas$ on an       
asset-back$ security 7or gr\p or index  
prim>ily compris$ ( asset-back$         
securities74  7,b7 ,asset-back$ security
 ,! t]m asset-back$ security has ! mean+
 giv5 su* t]m "u section #c7;a7 ( !     
,securities ,ex*ange ,act ( #aicd 7#ae  
,u4,s4,c4 #gh;c7a774  2  7#d7 9         
subsection 7e71 by /rik+ an insur$ &    
ins]t+ a cov]$2 &  7#e7 9 subsection    

7f7--  7,a7 by /rik+ an insur$          
depository & ins]t+ a cov]$ depository2 
&  7,b7 by /rik+ ! insur$ depository ea*
 place su* t]m appe>s & ins]t+ ! cov]$  
depository4  ,pass$ ! ,h\se (           
,repres5tatives ,octob] #cj1            
#bjac4;,cl]k4