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Regulatory Burden Relief

United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Financial Institutions and Consumer Credit

Published: 1998

Total Pages: 352


Get eBook

Regulatory Burden Relief

United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Financial Institutions and Consumer Credit

Published: 1998

Total Pages: 352


Get eBook

The Code of Federal Regulations is a codification of the general and permanent rules published in the Federal Register by the Executive departments and agencies of the United States Federal Government.
Federal financial services regulatory agencies are implementing the Financial Services Regulatory Relief Act of 2006, P.L. 109-351 (120 Stat. 1966), as the 110th Congress considers new financial services regulatory relief bills. Most of the provisions under consideration were debated and excluded from the final legislative process that enacted P.L. 109-351. The simultaneity of these developments shows Congress's continued concern with reducing the regulatory burden of financial services providers. This report gives a brief summary of the provisions of P.L. 109-351 followed by the specific provisions that federal regulatory agencies are implementing. It then examines the regulatory relief provisions currently being introduced in the 110th Congress. The report concludes with a discussion of the financial services regulatory relief legislative process and whether these provisions could reverse the increasing concentration of the financial services industry. This report will be updated as developments warrant.
Regulatory relief for community banks and credit unions : hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Fourteenth Congress, first session, on examining the regulatory burden on community banks and credit unions, including recommendations to alleviate the regulatory burden, February 10, 2015.