12 CFR 1001.1

§ 1001.1 Authority and purpose.

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

Cite this

Citation: 12 CFR 1001.1, § 1001.1 Authority and purpose, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/49159
Permanent ID: ys:prov:49159@1
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Full text

Under 12 U.S.C. 5481(15)(A)(xi), the Bureau is authorized to define certain financial products or services for purposes of title X of the Dodd-Frank Act, Public Law 111-203, 124 Stat. 1376 (2010) (Title X) in addition to those defined in 12 U.S.C. 5481(15)(A)(i)-(x). The purpose of this part is to implement that authority.

Legislative history

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