Page:United States Statutes at Large Volume 124.djvu/1402

 124 STAT. 1376 PUBLIC LAW 111–203—JULY 21, 2010 Public Law 111–203 111th Congress An Act To promote the financial stability of the United States by improving accountability and transparency in the financial system, to end ‘‘too big to fail’’, to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; TABLE OF CONTENTS. (a) SHORT TITLE.—This Act may be cited as the ‘‘Dodd-Frank Wall Street Reform and Consumer Protection Act’’. (b) TABLE OF CONTENTS.—The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. Definitions. Sec. 3. Severability. Sec. 4. Effective date. Sec. 5. Budgetary effects. Sec. 6. Antitrust savings clause. TITLE I—FINANCIAL STABILITY Sec. 101. Short title. Sec. 102. Definitions. Subtitle A—Financial Stability Oversight Council Sec. 111. Financial Stability Oversight Council established. Sec. 112. Council authority. Sec. 113. Authority to require supervision and regulation of certain nonbank finan- cial companies. Sec. 114. Registration of nonbank financial companies supervised by the Board of Governors. Sec. 115. Enhanced supervision and prudential standards for nonbank financial companies supervised by the Board of Governors and certain bank hold- ing companies. Sec. 116. Reports. Sec. 117. Treatment of certain companies that cease to be bank holding companies. Sec. 118. Council funding. Sec. 119. Resolution of supervisory jurisdictional disputes among member agencies. Sec. 120. Additional standards applicable to activities or practices for financial sta- bility purposes. Sec. 121. Mitigation of risks to financial stability. Sec. 122. GAO Audit of Council. Sec. 123. Study of the effects of size and complexity of financial institutions on cap- ital market efficiency and economic growth. Subtitle B—Office of Financial Research Sec. 151. Definitions. Sec. 152. Office of Financial Research established. Sec. 153. Purpose and duties of the Office. Sec. 154. Organizational structure; responsibilities of primary programmatic units. Sec. 155. Funding. Sec. 156. Transition oversight. 12 USC 5301 note. Dodd-Frank Wall Street Reform and Consumer Protection Act. July 21, 2010 [H.R. 4173]