,,ii  #aac? ,,congress  #b;d ,session   
,s4 #bbdb  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #aj1 #bjad,mr4  
,coats introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to e/abli% ! prud5tial         
regulator ( community & indep5d5t       
depository in/itutions z ! conduit &    
arbit] ( all ,f$]al f9ancial ov]sight1  
exam9ation1 & report+4  #a4 ,%ort title 
,?is ,act may be cit$ z ! ,community    
,f9ancial ,protection ,act ( #bjad4  #b4
 ,f9d+s ,congress f9ds ! foll[+3 7#a7   
,on ,octob] #c1 #bjac1 ,j]ome ,h4       
,p[ell1 memb] ( ! ,bo>d ( ,gov]nors ( ! 
,f$]al ,res]ve ,sy/em1 told ! ,conf]5ce 
( ,/ate ,bank ,sup]visors t community   
bank]s1 :o play$ no "p 9 caus+ !        
f9ancial crisis1 h be5 =c$ to fight to  
ensure t !y are n swept up 9 ! torr5t ( 
co/ly new regulations4  7#b7 ,!         
pr(itability1 & ev5 survival1 ( cr$it   
unions & community & indep5d5t          
depository in/itutions is ?reat5$ by !  

mat]ial rise 9 co/s ( compliance1 :i*   
are l>gely driv5 by res\rces & p]sonnel 
necess>y to int]act ) a great] numb] (  
,f$]al regulators & respond to an       
ev]-gr[+ li/ ( requir$ reports & special
 data reque/s4  #c4 ,prud5tial regulator
 z conduit = report reque/s ,section    
#ajbf7;b7 ( ! ,consum] ,f9ancial        
,protection ,act ( #bjaj 7#ab ,u4,s4,c4 
#eeaf7;b77 is am5d$ to read z foll[s3   
7b7 ,reports  7#a7 ,def9ition ,9 ?is    
subsection1 ! t]m publicly available    
in=mation means-- 7,a7 a ,report (      
,condition & ,income submitt$ to !      
,f$]al ,deposit ,insurance ,corporation 
or ! ,f$]al ,f9ancial ,in/itutions      
,exam9ation ,c\ncil2  7,b7 a ,?rift     
,f9ancial ,report submitt$ to ! ,(fice (
 ,?rift ,sup]vision2  7,c7 a ,f9ancial  
,p]=mance ,report submitt$ to !         
,national ,cr$it ,union ,adm9i/ration2  
or  7,d7 any report t is designat$ by ! 
,f$]al ,deposit ,insurance ,corporation1
 ! ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve 
,sy/em1 ! ,(fice ( ! ,comptroll] ( !    

,curr5cy1 ! ,f$]al ,f9ancial            
,in/itutions ,exam9ation ,c\ncil1 or !  
,national ,cr$it ,union ,adm9i/ration1 z
 applicable1 z a successor to any report
 describ$ 9 subp>agraph 7,a71 7,b71 or  
7,c74  7#b7 ,reque/s = reports f        
prud5tial regulators  7,a7 ,9 g5]al ,9  
ord] to m9imize regulatory burd51 !     
,director %all reque/ reports ?r\gh !   
prud5tial regulator f a p]son describ$ 9
 subsection 7a71 z necess>y to-- 7i7    
support ! role ( ! ,bureau 9 implem5t+  
,f$]al consum] f9ancial laws2  7ii7     
support exam9ation activities ( !       
,bureau "u subsection 7c72 &  7iii7     
assess & detect risks to consum]s &     
consum] f9ancial m>kets4  7,b7          
,in/itution-specific reque/s ,!         
,director may n make a reque/ "u        
subp>agraph 7,a7 = an indu/ry-wide      
report or a report p]ta9+ to #b or m    
p]sons describ$ 9 subsection 7a74  7,c7 
,publicly available in=mation ,!        
,director may make a reque/ "u          
subp>agraph 7,a7 only if ! ,director    

makes a %[+ to ! prud5tial regulator t  
publicly available in=mation p]ta9+ to a
 p]son describ$ 9 subsection 7a7 is     
insuffici5t = ! purposes describ$ 9     
clauses 7i71 7ii71 & 7iii7 ( subp>agraph
 7,a74  7,d7 ,d5ial ( reque/s ,!        
prud5tial regulator may d5y any reque/ =
 a report or in=mation made by !        
,director "u subp>agraph 7,a74  7#c7    
,use ( exi/+ reports  7,a7 ,9 g5]al ,if 
a prud5tial regulator det]m9es to       
fulfill a reque/ = a report made by !   
,director "u p>agraph 7#b71 ! prud5tial 
regulator %all1 to ! fulle/ ext5t       
possible1 fulfill ! reque/ ) reports    
p]ta9+ to a p]son describ$ 9 subsection 
7a7 t h be5 provid$ or are requir$ to h 
be5 provid$ to a ,f$]al or ,/ate ag5cy4 
7,b7 ,fulfill+ report reque/s ?r\gh     
multiple s\rces ,! ,director %all accept
 exi/+ reports 9 satisfaction ( !       
requirem5ts ( ?is subsection 9 =mats    
consi/5t ) ^? submitt$ to ! prud5tial   
regulator & ,f$]al & ,/ate ag5cies1     
includ+ multiple reports1 if ! prud5tial

 regulator has det]m9$ t ! reports      
provide ! in=mation reque/$ by !        
,director4  4