Page:United States Statutes at Large Volume 124.djvu/1624

 124 STAT. 1598 PUBLIC LAW 111–203—JULY 21, 2010 (ii) that has obtained all regulatory approvals otherwise required for such change of control under any applicable Federal or State law, including section 7(j) of the Federal Deposit Insurance Act (12 U.S.C. 1817(j)). (4) SUNSET.—This subsection shall cease to have effect 3 years after the date of enactment of this Act. (b) GOVERNMENT ACCOUNTABILITY OFFICE STUDY OF EXCEP- TIONS UNDER THE BANK HOLDING COMPANY ACT OF 1956.— (1) STUDY REQUIRED.—The Comptroller General of the United States shall carry out a study to determine whether it is necessary, in order to strengthen the safety and soundness of institutions or the stability of the financial system, to elimi- nate the exceptions under section 2 of the Bank Holding Com- pany Act of 1956 (12 U.S.C. 1841) for institutions described in— (A) section 2(a)(5)(E) of the Bank Holding Company Act of 1956 (12 U.S.C. 1841(a)(5)(E)); (B) section 2(a)(5)(F) of the Bank Holding Company Act of 1956 (12 U.S.C. 1841(a)(5)(F)); (C) section 2(c)(2)(D) of the Bank Holding Company Act of 1956 (12 U.S.C. 1841(c)(2)(D)); (D) section 2(c)(2)(F) of the Bank Holding Company Act of 1956 (12 U.S.C. 1841(c)(2)(F)); (E) section 2(c)(2)(H) of the Bank Holding Company Act of 1956 (12 U.S.C. 1841(c)(2)(H)); and (F) section 2(c)(2)(B) of the Bank Holding Company Act of 1956 (12 U.S.C. 1841(c)(2)(B)). (2) CONTENT OF STUDY.— (A) IN GENERAL.—The study required under paragraph (1), with respect to the institutions referenced in each of subparagraphs (A) through (E) of paragraph (1), shall, to the extent feasible be based on information provided to the Comptroller General by the appropriate Federal or State regulator, and shall— (i) identify the types and number of institutions excepted from section 2 of the Bank Holding Company Act of 1956 (12 U.S.C. 1841) under each of the subpara- graphs described in subparagraphs (A) through (E) of paragraph (1); (ii) generally describe the size and geographic loca- tions of the institutions described in clause (i); (iii) determine the extent to which the institutions described in clause (i) are held by holding companies that are commercial firms; (iv) determine whether the institutions described in clause (i) have any affiliates that are commercial firms; (v) identify the Federal banking agency responsible for the supervision of the institutions described in clause (i) on and after the transfer date; (vi) determine the adequacy of the Federal bank regulatory framework applicable to each category of institution described in clause (i), including any restric- tions (including limitations on affiliate transactions or cross-marketing) that apply to transactions between