12 CFR 241.1

§ 241.1 Authority and purpose.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 241.1, § 241.1 Authority and purpose, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/45203
Permanent ID: ys:prov:45203@1
SHA-256: 8aa35be6d16f5527943435fc200c38ddb8780c5490de063333258b89b0b92fbb

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Full text

(a) Authority. This part is issued by the Board pursuant to section 618 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (12 U.S.C. 1850a). (b) Purpose. This part establishes the procedures by which a securities holding company may elect to register to be supervised by the Board.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.