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6.21 Study of Bank Investment Activities

<< Title VI Overview

6.21 Study of Bank Investment Activities

 

 


6.21.   Study of Bank Investment Activities.  Within 18 months of the date of enactment of the Act, the appropriate Federal banking agencies are required to prepare a report on the activities that a banking entity may engage in under federal and state law, including under applicable interpretations and guidance. The study is to consider risks related to activities and investments and risk mitigation activities undertaken.  The agencies must then provide a report to the Council, the House Financial Services Committee, and the Senate Banking Committee, including any recommendations with respect to whether additional restrictions on investment activities are warranted. [§ 620]  

The agencies are to complete the study within 18 months of enactment of the Act and report to the Oversight Council and Congress within 2 months of the completion of the study.