12 USC 1831l – Coordination of risk analysis between SEC and Federal banking agencies
Any appropriate Federal banking agency shall notify the Securities and Exchange Commission of any concerns of the agency regarding significant financial or operational risks to any registered broker or dealer, or any registered municipal securities dealer, government securities broker, or government securities dealer for which the Commission is the appropriate regulatory agency (as defined in section 78c of title 15), resulting from the activities of any insured depository institution, any depository institution holding company, or any affiliate of any such institution or company if such broker, dealer, municipal securities dealer, government securities broker, or government securities dealer is an affiliate of any such institution, company, or affiliate.
Terms Used In 12 USC 1831l
- affiliate: has the meaning given to such term in section 1841(k) of this title. See 12 USC 1813
- appropriate Federal banking agency: means &mdash. See 12 USC 1813
- depository institution: means any bank or savings association. See 12 USC 1813
- insured depository institution: includes any uninsured branch or agency of a foreign bank or a commercial lending company owned or controlled by a foreign bank for purposes of section 1818 of this title. See 12 USC 1813