Law topic
Government agency
Primary source type
Issued:
Date
2011
Description
The Board of Governors of the Federal Reserve System (‘‘Board’’) is issuing this notice of its intention to continue to enforce certain regulations previously issued by the Office of Thrift Supervision (‘‘OTS’’) after assuming supervisory responsibility for savings and loan holding companies (‘‘SLHCs’’) and their non-depository subsidiaries from the OTS in July 2011. The DoddFrank Wall Street Reform and Consumer Protection Act (the ‘‘Dodd-Frank Act’’ or ‘‘Act’’) transfers supervisory functions related to SLHCs and their nondepository subsidiaries to the Board on July 21, 2011 (‘‘transfer date’’).