#aaeth ,,congress  #ast ,session  ,h4   
,r4 #cjic  ,,an ,,act  ,to amend the    
,volcker ,rule to permit certain        
investment advisers to share a similar  
name with a private equity fund1 subject
 to certain restrictions1 and for other 
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,investor ,clarity  
and ,bank ,parity ,act4  #b4 ,naming    
restrictions ,section #ac of the ,bank  
,holding ,company ,act of #aief 7#ab    
,u4,s4,c4 #ahea7 is amended--  7#a7 in  
subsection 7d77#a77;,g77vi71 by         
inserting before the semicolon the      
following3 1 except that the hedge fund 
or private equity fund may share the    
same name or a variation of the same    
name as a banking entity that is an     
investment adviser to the hedge fund or 
private equity find1 if--  7,i7 such    
investment adviser is not an insured    
depository institution1 a company that  
controls an insured depository          
institution1 or a company that is       
treated as a bank holding company for   

purposes of section #h of the           
,international ,banking ,act of #aigh2  
7,,ii7 such investment adviser does not 
share the same name or a variation of   
the same name as an insured depository  
institution1 any company that controls  
an insured depository institution1 or   
any company that is treated as a bank   
holding company for purposes of section 
#h of the ,international ,banking ,act  
of #aigh2 and  7,,iii7 such name does   
not contain the word bank  2 and  7#b7  
in subsection 7h77#e77;,c71 by inserting
 before the period the following3 1     
except as permitted under subsection    
7d77#a77;,g77vi74  ,passed the ,house of
 ,representatives ,december #aa1        
#bjag4;,clerk4