II 

113TH CONGRESS 

1ST SESSION S. 451 

To make technical corrections to the Dodd-Frank Wall Street Reform and 

Consumer Protection Act. 

IN THE SENATE OF THE UNITED STATES 

MARCH 5, 2013 

Mr. SHELBY introduced the following bill; which was read twice and referred 

to the Committee on Banking, Housing, and Urban Affairs 

A BILL 

To make technical corrections to the Dodd-Frank Wall Street 

Reform and Consumer Protection Act. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Dodd-Frank Wall 

5 Street Reform and Consumer Protection Technical Cor6 rections Act of 2013’’. 

7 SEC. 2. TABLE OF CONTENTS; DEFINITIONAL CORREC8 TIONS. 

9 (a) TABLE OF CONTENTS.—The table of contents for 

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1 tection Act (Public Law 111–203; 124 Stat. 1376) is 

2 amended by striking the items relating to section 407 

3 through 416 and inserting the following: 

‘‘Sec. 407. Exemption of and reporting by venture capital fund advisers. 

‘‘Sec. 408. Exemption of and reporting by certain private fund advisers. 

‘‘Sec. 409. Family offices. 

‘‘Sec. 410. State and Federal responsibilities; asset threshold for Federal registration of investment advisers. 

‘‘Sec. 411. Custody of client assets. 

‘‘Sec. 412. Comptroller General study on custody rule costs. 

‘‘Sec. 413. Adjusting the accredited investor standard. 

‘‘Sec. 414. Rule of construction relating to the Commodity Exchange Act. 

‘‘Sec. 415. GAO study and report on accredited investors. 

‘‘Sec. 416. GAO study on self-regulatory organization for private funds. 

‘‘Sec. 417. Commission study and report on short selling. 

‘‘Sec. 418. Qualified client standard. 

‘‘Sec. 419. Transition period.’’. 

4 (b) DEFINITIONS.—Section 2 of the Dodd-Frank 

5 Wall Street Reform and Consumer Protection Act (12 

6 U.S.C. 5301) is amended— 

7 (1) in paragraph (1)— 

8 (A) by striking ‘‘section 3’’ and inserting 

9 ‘‘section 3(w)’’; and 

10 (B) by striking ‘‘(12 U.S.C. 1813)’’ and 

11 inserting ‘‘(12 U.S.C. 1813(w))’’; 

12 (2) in paragraph (6), by striking ‘‘1 et seq.’’ 

13 and inserting ‘‘1a’’; and 

14 (3) in paragraph (18)(A)— 

15 (A) by striking ‘‘ ‘bank holding company’,’’; 

16 and 

17 (B) by inserting ‘‘ ‘includes’,’’ before ‘‘ ‘in18 cluding’,’’. 


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1 SEC. 3. ANTITRUST SAVINGS CLAUSE CORRECTIONS. 

2 Section 6 of the Dodd-Frank Wall Street Reform and 

3 Consumer Protection Act (12 U.S.C. 5303) is amended, 

4 in the second sentence— 

5 (1) by inserting ‘‘(15 U.S.C. 12(a))’’ after 

6 ‘‘Clayton Act’’; and 

7 (2) by striking ‘‘Act, to’’ and inserting ‘‘Act (15 

8 U.S.C. 45) to’’. 

9 SEC. 4. TITLE I CORRECTIONS. 

10 Title I of the Dodd-Frank Wall Street Reform and 

11 Consumer Protection Act (12 U.S.C. 5311 et seq.) is 

12 amended— 

13 (1) in section 102(a)(6) (12 U.S.C. 

14 5311(a)(6)), by inserting ‘‘(12 U.S.C. 1843(k))’’ 

15 after ‘‘of 1956’’ each place that term appears; 

16 (2) in section 111 (12 U.S.C. 5321)— 

17 (A) in subsection (b)— 

18 (i) in paragraph (1)(G), by striking 

19 ‘‘Chairperson’’ and inserting ‘‘Chairman’’; 

20 and 

21 (ii) in paragraph (2)(E), by striking 

22 ‘‘such’’ and inserting ‘‘the’’; and 

23 (B) in subsection (c)(3), by striking ‘‘that 

24 agency or department head’’ and inserting ‘‘the 

25 head of that member agency or department’’; 

26 (3) in section 112 (12 U.S.C. 5322)— 


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1 (A) in subsection (a)(2)— 

2 (i) in subparagraph (D)— 

3 (I) by striking ‘‘to monitor’’ and 

4 inserting ‘‘monitor’’; and 

5 (II) by striking ‘‘to advise’’ and 

6 inserting ‘‘advise’’; 

7 (ii) in subparagraph (J)— 

8 (I) by striking ‘‘that term is’’ 

9 and inserting ‘‘those terms are’’; and 

10 (II) by striking ‘‘and settlement’’ 

11 and inserting ‘‘or settlement’’; and 

12 (iii) in subparagraph (L), by striking 

13 ‘‘may’’; and 

14 (B) in subsection (d)(5)— 

15 (i) in subparagraph (B), by striking 

16 ‘‘subsection and’’ and inserting ‘‘subtitle 

17 or’’; and 

18 (ii) in subparagraph (C), by striking 

19 ‘‘subsection and’’ and inserting ‘‘subtitle 

20 or’’; 

21 (4) in section 154(c) (12 U.S.C. 5344(c))— 

22 (A) by striking ‘‘CENTER.—’’ and all that 

23 follows through ‘‘The Research’’ and inserting 

24 ‘‘CENTER.—The Research’’; and 


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1 (B) by redesignating subparagraphs (A) 

2 through (H) as paragraphs (1) through (8), re3 spectively, and moving the margins 2 ems to 

4 the left; 

5 (5) in section 155(a)(2) (12 U.S.C. 

6 5345(a)(2)), by striking ‘‘(c),’’ and inserting ‘‘(c)’’; 

7 (6) in section 164 (12 U.S.C. 5364), by striking 

8 ‘‘Institutions’’ and inserting ‘‘Institution’’; 

9 (7) in section 167(b)(1)(B)(ii) (12 U.S.C. 

10 5367(b)(1)(B)(ii)), by striking ‘‘to ensure’’ and in11 serting ‘‘ensure’’; and 

12 (8) in section 171(b)(4)(D) (12 U.S.C. 

13 5371(b)(4)(D)), by adding a period at the end. 

14 SEC. 5. TITLE II CORRECTIONS. 

15 Title II of the Dodd-Frank Wall Street Reform and 

16 Consumer Protection Act (12 U.S.C. 5381 et seq.) is 

17 amended— 

18 (1) in section 210 (12 U.S.C. 5390)— 

19 (A) in subsection (a)— 

20 (i) in paragraph (1)(D), by striking 

21 ‘‘wind-up’’ and inserting ‘‘wind up’’; and 

22 (ii) in paragraph (5)(C), by striking 

23 ‘‘receiver seeking’’ and inserting ‘‘receiver) 

24 seeking’’; 

25 (B) in subsection (b)(1)— 


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1 (i) in subparagraph (C), by striking 

2 ‘‘to the extent of’’ and all that follows 

3 through ‘‘for each individual’’ and insert4 ing ‘‘to the extent of $11,725 for each in5 dividual’’; and 

6 (ii) in subparagraph (D), by striking 

7 ‘‘multiplied by’’ and all that follows 

8 through ‘‘(as indexed’’ and inserting ‘‘mul9 tiplied by $11,725 (as indexed’’; 

10 (C) in subsection (m)(1)(B), by inserting 

11 ‘‘of’’ before ‘‘the Bankruptcy Code’’; and 

12 (D) in subsection (o)(1)(D)(i)(I), by strik13 ing ‘‘and (h)(5)(E)’’ and inserting ‘‘or 

14 (h)(5)(E)’’; 

15 (2) in section 211(d)(1)(C) (12 U.S.C. 

16 5391(d)(1)(C)), by striking ‘‘orderly liquidation plan 

17 under section 210(n)(14)’’ and inserting ‘‘an orderly 

18 liquidation plan under section 210(n)(9)’’; and 

19 (3) in section 215(a)(5) (124 Stat. 1518), by 

20 striking ‘‘amd’’ and inserting ‘‘and’’. 

21 SEC. 6. TITLE III CORRECTIONS. 

22 (a) IN GENERAL.—Title III of the Dodd-Frank Wall 

23 Street Reform and Consumer Protection Act (12 U.S.C. 

24 5401 et seq.) is amended— 


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1 (1) in section 327(b)(5) (12 U.S.C. 

2 5437(b)(5)), by striking ‘‘in’’ and inserting ‘‘into’’; 

3 (2) in section 333(b)(2) (124 Stat. 1539), by 

4 inserting ‘‘the second place that term appears’’ be5 fore ‘‘and inserting’’; and 

6 (3) in section 369(5) (124 Stat. 1559)— 

7 (A) in subparagraph (D)(i)— 

8 (i) in subclause (III), by redesignating 

9 items (aa), (bb), and (cc) as subitems 

10 (AA), (BB), and (CC), respectively, and 

11 adjusting the margins accordingly; 

12 (ii) in subclause (IV), redesignating 

13 items (aa) and (bb) as subitems (AA) and 

14 (BB), respectively, and adjusting the mar15 gins accordingly; 

16 (iii) in subclause (V), by redesignating 

17 items (aa), (bb), and (cc) as subitems 

18 (AA), (BB), and (CC), respectively, and 

19 adjusting the margins accordingly; and 

20 (iv) by redesignating subclauses (III), 

21 (IV), and (V) as items (bb), (cc), and (dd), 

22 respectively, and adjusting the margins ac23 cordingly; 

24 (B) in subparagraph (F)— 


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1 (i) in clause (ii), by adding ‘‘and’’ at 

2 the end; 

3 (ii) in clause (iii), by striking ‘‘; and’’ 

4 and inserting a period; and 

5 (iii) by striking clause (iv); and 

6 (C) in subparagraph (G)(i), by inserting 

7 ‘‘each place such term appears’’ before ‘‘and in8 serting’’. 

9 (b) EFFECTIVE DATES.— 

10 (1) SECTION 333.—The amendment made by 

11 subsection (a)(2) of this section shall take effect as 

12 though enacted as part of subtitle C of title III of 

13 the Dodd-Frank Wall Street Reform and Consumer 

14 Protection Act (124 Stat. 1538). 

15 (2) SECTION 369.—The amendments made by 

16 subsection (a)(3) of this section shall take effect as 

17 though enacted as part of subtitle E of title III of 

18 the Dodd-Frank Wall Street Reform and Consumer 

19 Protection Act (124 Stat. 1546). 

20 SEC. 7. TITLE IV CORRECTION. 

21 Section 414 of the Dodd-Frank Wall Street Reform 

22 and Consumer Protection Act (124 Stat. 1578) is amend23 ed in the section heading by striking ‘‘COMMODITIES’’ 

24 and inserting ‘‘COMMODITY’’. 


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1 SEC. 8. TITLE VI CORRECTIONS. 

2 (a) IN GENERAL.—Title VI of the Dodd-Frank Wall 

3 Street Reform and Consumer Protection Act (124 Stat. 

4 1596) is amended— 

5 (1) in section 610 (124 Stat. 1611)— 

6 (A) by striking subsection (b); and 

7 (B) by redesignating subsection (c) as sub8 section (b); and 

9 (2) in section 618(a) (12 U.S.C. 1850a(a))— 

10 (A) in paragraph (4)(B)(i), by inserting 

11 ‘‘of Governors’’ after ‘‘Board’’; and 

12 (B) in paragraph (6), by inserting ‘‘(12 

13 U.S.C. 1841)’’ after ‘‘Act of 1956’’. 

14 (b) EFFECTIVE DATE.—The amendments made by 

15 subsection (a)(1) of this section shall take effect as though 

16 enacted as part of section 610 of the Dodd-Frank Wall 

17 Street Reform and Consumer Protection Act (124 Stat. 

18 1611). 

19 SEC. 9. TITLE VII CORRECTIONS. 

20 (a) IN GENERAL.—Title VII of the Dodd-Frank Wall 

21 Street Reform and Consumer Protection Act (15 U.S.C. 

22 8301 et seq.) is amended— 

23 (1) in section 719(c)(1)(B) (15 U.S.C. 

24 8307(c)(1)(B)), by adding a period at the end; 

25 (2) in section 723(a)(1)(B) (124 Stat. 1675), 

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1 modity Futures Modernization Act of 2000 (Appen2 dix E of Public Law 106–554; 114 Stat. 2763A– 

3 382),’’ after ‘‘subsection (i)’’; 

4 (3) in section 734(b)(1) (124 Stat. 1718), by 

5 striking ‘‘is amended’’ and all that follows through 

6 ‘‘(B) in’’ and inserting ‘‘is amended in’’; 

7 (4) in section 741(b)(10) (124 Stat. 1732), by 

8 striking ‘‘1a(19)(A)(iv)(II)’’ each place it appears 

9 and inserting ‘‘1a(18)(A)(iv)(II)’’; and 

10 (5) in section 749 (124 Stat. 1746)— 

11 (A) in subsection (a)(2), by striking ‘‘add12 ing at the end’’ and inserting ‘‘inserting after 

13 subsection (f)’’; and 

14 (B) in subsection (h)(1)(B), by inserting 

15 ‘‘the second place that term appears’’ before the 

16 semicolon. 

17 (b) EFFECTIVE DATE.—The amendments made by 

18 paragraphs (3), (4), and (5) of subsection (a) of this sec19 tion shall take effect as though enacted as part of part 

20 II of subtitle A of title VII of the Dodd-Frank Wall Street 

21 Reform and Consumer Protection Act (124 Stat. 1658). 

22 SEC. 10. TITLE VIII CORRECTIONS. 

23 Title VIII of the Dodd-Frank Wall Street Reform 

24 and Consumer Protection Act (12 U.S.C. 5461 et seq.) 

25 is amended— 


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1 (1) in section 805(a)(2)(E) (12 U.S.C. 

2 5464(a)(2)(E)), by striking the quotation marks at 

3 the end; 

4 (2) in section 806 (12 U.S.C. 5465)— 

5 (A) in subsection (b), in the first sentence, 

6 by striking ‘‘(2)) after’’ and inserting ‘‘(2))) 

7 after’’; and 

8 (B) in subsection (e)(1)(A)— 

9 (i) by striking ‘‘advance notice’’ and 

10 inserting ‘‘advance’’; and 

11 (ii) by striking ‘‘each Supervisory 

12 Agency’’ and inserting ‘‘its Supervisory 

13 Agency’’; 

14 (3) in section 807 (12 U.S.C. 5466)— 

15 (A) in subsection (d)(1), by adding a pe16 riod at the end; and 

17 (B) in subsection (f)(2), by inserting a 

18 comma after ‘‘under’’ the second place that 

19 term appears; 

20 (4) in section 808(b) (12 U.S.C. 5467(b)), by 

21 inserting a comma after ‘‘under’’ the third place 

22 that term appears; and 

23 (5) in section 813 (12 U.S.C. 5472), in the 

24 matter preceding paragraph (1), by inserting ‘‘that 

25 includes’’ after ‘‘Representatives’’. 


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1 SEC. 11. TITLE IX CORRECTIONS. 

2 Title IX of the Dodd-Frank Wall Street Reform and 

3 Consumer Protection Act (124 Stat. 1822) is amended— 

4 (1) in section 929Z(a) (124 Stat. 1871)— 

5 (A) in paragraph (2), by striking ‘‘courts 

6 interpretation’’ and inserting ‘‘court interpreta7 tions’’; and 

8 (B) in paragraph (3), by striking ‘‘Act of 

9 1995’’ and inserting ‘‘Reform Act of 1995 

10 (Public Law 104–67; 109 Stat. 737)’’; 

11 (2) in section 939(h)(1) (124 Stat. 1887)— 

12 (A) in the matter preceding subparagraph 

13 (A), by inserting ‘‘The’’ before ‘‘Commission’’; 

14 and 

15 (B) by striking ‘‘feasability’’ and inserting 

16 ‘‘feasibility’’; and 

17 (3) in section 953 (124 Stat. 1903), by adding 

18 at the end the following: 

19 ‘‘(c) EXEMPTION.—The Commission may, by rule or 

20 order, exempt an issuer or class of issuers from the re21 quirements under section 14(i) of the Securities Exchange 

22 Act of 1934 (as amended by subsection (a) of this section) 

23 or subsection (b) of this section. In determining whether 

24 to make an exemption under this subsection, the Commis25 sion shall take into account, among other considerations, 


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1 whether the requirements under subsections (a) and (b) 

2 disproportionately burden small issuers.’’. 

3 SEC. 12. TITLE X CORRECTIONS. 

4 (a) IN GENERAL.—Title X of the Dodd-Frank Wall 

5 Street Reform and Consumer Protection Act (12 U.S.C. 

6 5481 et seq.) is amended— 

7 (1) in section 1002(12)(G) (12 U.S.C. 

8 5481(12)(G)), by striking ‘‘Home Owners’’ and in9 serting ‘‘Homeowners’’; 

10 (2) in section 1013(a)(1)(C) (12 U.S.C. 

11 5493(a)(1)(C)), by striking ‘‘section 11(1)’’ and in12 serting ‘‘subsection (l) of section 11’’; 

13 (3) in section 1017(a)(5) (12 U.S.C. 

14 5497(a)(5))— 

15 (A) in subparagraph (A), in the last sen16 tence by striking ‘‘716(c) of title 31, United 

17 States Code’’ and inserting ‘‘716 of title 31, 

18 United States Code’’; and 

19 (B) in subparagraph (C), by striking ‘‘sec20 tion 3709 of the Revised Statutes of the United 

21 States (41 U.S.C. 5)’’ and inserting ‘‘section 

22 6101 of title 41, United States Code’’; 

23 (4) in section 1022(c)(9)(B) (12 U.S.C. 

24 5512(c)(9)(B)), by striking ‘‘1978,’’ and inserting 

25 ‘‘1978’’; 


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1 (5) in section 1025 (12 U.S.C. 5515)— 

2 (A) in subsection (b)(1), by inserting ‘‘cov3 ered’’ before ‘‘persons’’ each place that term ap4 pears; 

5 (B) in subsection (d), by striking ‘‘12 

6 U.S.C. 1867(c)’’ and inserting ‘‘(12 U.S.C. 

7 1867(c))’’; and 

8 (C) in subsection (e)(4)(F), by striking 

9 ‘‘212 of the Federal Credit Union Act (112 

10 U.S.C. 1790a)’’ and inserting ‘‘216 of the Fed11 eral Credit Union Act (12 U.S.C. 1790d)’’; 

12 (6) in section 1027(d)(1)(B) (12 U.S.C. 

13 5517(d)(1)(B)), by inserting a comma after ‘‘(A)’’; 

14 (7) in section 1029(d) (12 U.S.C. 5519(d)), by 

15 striking the period after ‘‘Commission Act’’; 

16 (8) in section 1061 (12 U.S.C. 5581)— 

17 (A) in subsection (b)(7)— 

18 (i) by striking ‘‘Secretary of the De19 partment of Housing and Urban Develop20 ment’’ each place that term appears and 

21 inserting ‘‘Department of Housing and 

22 Urban Development’’; and 

23 (ii) in subparagraph (A), by striking 

24 ‘‘(12 U.S.C. 5102 et seq.)’’ and inserting 

25 ‘‘(12 U.S.C. 5101 et seq.)’’; and 


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1 (B) in subsection (c)(2)(A), by striking 

2 ‘‘procedures in’’ and inserting ‘‘procedures’’; 

3 (9) in section 1063 (12 U.S.C. 5583)— 

4 (A) in subsection (f)(1)(B), by striking 

5 ‘‘that’’; and 

6 (B) in subsection (g)(1)(A)— 

7 (i) by striking ‘‘(12 U.S.C. 5102 et 

8 seq.)’’ and inserting ‘‘(12 U.S.C. 5101 et 

9 seq.)’’; and 

10 (ii) by striking ‘‘seq)’’ and inserting 

11 ‘‘seq.)’’; 

12 (10) in section 1064(i)(1)(A)(iii) (12 U.S.C. 

13 5584(i)(1)(A)(iii)), by inserting a period before ‘‘If 

14 an’’; 

15 (11) in section 1073(c)(2) (12 U.S.C. 

16 5601(c)(2))— 

17 (A) in the paragraph heading, by inserting 

18 ‘‘AND EDUCATION’’ after ‘‘FINANCIAL LIT19 ERACY’’; and 

20 (B) by striking ‘‘its duties’’ and inserting 

21 ‘‘their duties’’; 

22 (12) in section 1076(b)(1) (12 U.S.C. 

23 5602(b)(1)), by inserting before the period at the 

24 end the following: ‘‘, the Bureau may, after notice 


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1 and opportunity for comment, prescribe regula2 tions’’; 

3 (13) in section 1077(b)(4)(F) (124 Stat. 2076), 

4 by striking ‘‘associates’’ and inserting ‘‘associate’s’’; 

5 (14) in section 1084(1) (124 Stat. 2081)— 

6 (A) by inserting ‘‘paragraph (3) of section 

7 903 (15 U.S.C. 1693a),’’ before ‘‘subsections 

8 (a) and (e) of section 904’’; 

9 (B) by striking ‘‘and in 918’’ and inserting 

10 ‘‘, section 916(d) (15 U.S.C. 1693m(d)), section 

11 918’’; and 

12 (C) by inserting a comma after ‘‘2009)’’; 

13 (15) by striking section 1087 (124 Stat. 2086); 

14 (16) in section 1089 (124 Stat. 2092)— 

15 (A) in paragraph (3)— 

16 (i) in subparagraph (A), by striking 

17 ‘‘and’’ at the end; and 

18 (ii) in subparagraph (B)(vi), by strik19 ing the period at the end and inserting ‘‘; 

20 and’’; and 

21 (B) by redesignating paragraph (4) as sub22 paragraph (C) and adjusting the margins ac23 cordingly; and 


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1 (17) in section 1098(6) (124 Stat. 2104), by in2 serting ‘‘the first place that term appears’’ before 

3 ‘‘and’’. 

4 (b) EFFECTIVE DATE.—The amendments made by 

5 paragraphs (14), (15), (16), and (17) of subsection (a) 

6 of this section shall take effect as though enacted as part 

7 of subtitle H of title X of the Dodd-Frank Wall Street 

8 Reform and Consumer Protection Act (124 Stat. 2080). 

9 SEC. 13. TITLE XI CORRECTION. 

10 Title XI of the Dodd-Frank Wall Street Reform and 

11 Consumer Protection Act (124 Stat. 2113) is amended, 

12 in section 1105(d)(1) (12 U.S.C. 5612(d)(1)), by striking 

13 ‘‘AUTHORITY.—’’ and all that follows through ‘‘by the 

14 President’’ and inserting ‘‘AUTHORITY.—A request by the 

15 President’’. 

16 SEC. 14. TITLE XII CORRECTION. 

17 Title XII of the Dodd-Frank Wall Street Reform and 

18 Consumer Protection Act (124 Stat. 2129) is amended, 

19 in section 1208(b) (12 U.S.C. 5626(b)), by inserting ‘‘, 

20 as defined in section 103(10) of the Riegle Community 

21 Development and Regulatory Improvement Act of 1994 

22 (12 U.S.C. 4702(10)),’’ after ‘‘Fund’’. 

23 SEC. 15. TITLE XIV CORRECTION. 

24 Title XIV of the Dodd-Frank Wall Street Reform and 

25 Consumer Protection Act (124 Stat. 2136) is amended, 


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1 in section 1451(c) (12 U.S.C. 1701x–1(c)), by striking 

2 ‘‘pursuant’’. 

3 SEC. 16. CONFORMING CORRECTIONS TO OTHER STAT4 UTES. 

5 (a) ALTERNATIVE MORTGAGE TRANSACTION PARITY

6 ACT OF 1982.—The Alternative Mortgage Transaction 

7 Parity Act of 1982 (12 U.S.C. 3801 et seq.) is amended— 

8 (1) in section 802(a)(3) (12 U.S.C. 

9 3801(a)(3)), by striking ‘‘the Director of the Office 

10 of Thrift Supervision’’ and inserting ‘‘the Bureau of 

11 Consumer Financial Protection’’; and 

12 (2) in section 804(d)(1) (12 U.S.C. 

13 3803(d)(1))— 

14 (A) by striking ‘‘identified’’ and inserting 

15 ‘‘issued’’; and 

16 (B) by striking the comma after ‘‘Adminis17 tration’’. 

18 (b) BANK HOLDING COMPANY ACTS.— 

19 (1) BANK HOLDING COMPANY ACT AMEND20 MENTS OF 1970.—Section 106(b)(1) of the Bank 

21 Holding Company Act Amendments of 1970 (12 

22 U.S.C. 1972(1)) is amended, in the undesignated 

23 matter at the end— 

24 (A) by inserting ‘‘Office of the’’ before 

25 ‘‘Comptroller of the’’; and 


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1 (B) by striking ‘‘Federal Deposit Insur2 ance Company’’ and inserting ‘‘Federal Deposit 

3 Insurance Corporation’’. 

4 (2) BANK HOLDING COMPANY ACT OF 1956.— 

5 Section 13 of the Bank Holding Company Act of 

6 1956 (12 U.S.C. 1851) is amended— 

7 (A) in subsection (d)(1)(E), by striking 

8 ‘‘102 of the Small Business Investment Act of 

9 1958 (15 U.S.C. 662)’’ and inserting ‘‘103(3) 

10 of the Small Business Investment Act of 1958 

11 (15 U.S.C. 662(3))’’; 

12 (B) in subsection (f)(3)(A)(ii), by striking 

13 ‘‘(d)(1)(g)(v)’’ and inserting ‘‘(d)(1)(G)(v)’’; 

14 and 

15 (C) in subsection (h)(1), by striking ‘‘sec16 tion 8 of the International Banking Act of 

17 1978’’ and inserting ‘‘section 8(a) of the Inter18 national Banking Act of 1978 (12 U.S.C. 

19 3106(a))’’. 

20 (c) BALANCED BUDGET AND EMERGENCY DEFICIT

21 CONTROL ACT.—Section 255(g)(1)(A) of the Balanced 

22 Budget and Emergency Deficit Control Act of 1985 (2 

23 U.S.C. 905(g)(1)(A)) is amended by striking ‘‘Office of 

24 Thrift Supervision (20–4108–0–3–373).’’. 


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1 (d) BRETTON WOODS AGREEMENTS ACT.—Section 

2 68(a)(1) of the Bretton Woods Agreements Act (22 U.S.C. 

3 286tt(a)(1)) is amended by striking ‘‘Fund ,’’ and insert4 ing ‘‘Fund,’’. 

5 (e) CAN–SPAM ACT OF 2003.—Section 7(b)(1)(D) 

6 of the CAN–SPAM Act of 2003 (15 U.S.C. 

7 7706(b)(1)(D)) is amended by striking ‘‘Director of the 

8 Office of Thrift Supervision’’ and inserting ‘‘Comptroller 

9 of the Currency or the Board of Directors of the Federal 

10 Deposit Insurance Corporation, as applicable’’. 

11 (f) CHILDREN’S ONLINE PRIVACY PROTECTION ACT

12 OF 1998.—Section 1306(b)(2) of the Children’s Online 

13 Privacy Protection Act of 1998 (15 U.S.C. 6505(b)(2)) 

14 is amended by striking ‘‘Director of the Office of Thrift 

15 Supervision’’ and inserting ‘‘Comptroller of the Currency 

16 and the Board of Directors of the Federal Deposit Insur17 ance Corporation, as applicable’’. 

18 (g) COMMODITY EXCHANGE ACT.—The Commodity 

19 Exchange Act (7 U.S.C. 1 et seq.) is amended— 

20 (1) in section 1a (7 U.S.C. 1a)— 

21 (A) in paragraph (12)(A)(i)(II), by adding 

22 a semicolon at the end; 

23 (B) in paragraph (39)(A)(iv), by striking 

24 ‘‘225’’ and inserting ‘‘25’’; and 


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•S 451 IS

1 (C) in paragraph (47)(B)(viii)(II), by 

2 striking ‘‘(15 U.S.C. 77b(a)(11))’’ and inserting 

3 ‘‘(15 U.S.C. 77b(a)(11)))’’; 

4 (2) in section 2 (7 U.S.C. 2)— 

5 (A) in subsection (c)(2)(D)(ii)(I), by strik6 ing ‘‘subparagraphs’’ and inserting ‘‘subpara7 graph’’; and 

8 (B) in subsection (h)— 

9 (i) in paragraph (5)(A)— 

10 (I) by striking ‘‘Swaps’’ and in11 serting ‘‘Each swap’’; and 

12 (II) by striking ‘‘no later than 

13 180 days after the effective date of 

14 this subsection.’’ and inserting ‘‘no 

15 later than— 

16 ‘‘(i) 30 days after the issuance of the 

17 interim final rule; or 

18 ‘‘(ii) such other date as the Commis19 sion determines appropriate.’’; 

20 (ii) in paragraph (7)— 

21 (I) in subparagraph (C)(i)(VII), 

22 by inserting ‘‘or a governmental plan’’ 

23 after ‘‘employee benefit plan’’; and 


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•S 451 IS

1 (II) in subparagraph (D)(ii)(V), 

2 by striking ‘‘of that Act’’ and insert3 ing ‘‘of that section’’; and 

4 (iii) in paragraph (8)(A)(ii), by insert5 ing ‘‘section’’ before ‘‘5h or’’; 

6 (3) in section 4 (7 U.S.C. 6)— 

7 (A) in subsection (b)(1)(A), by striking 

8 ‘‘commission’’ each place that term appears and 

9 inserting ‘‘Commission’’; and 

10 (B) in subsection (c)(1)— 

11 (i) in subparagraph (A)— 

12 (I) by inserting ‘‘the Commission 

13 shall not grant exemptions,’’ after 

14 ‘‘grant exemptions,’’; and 

15 (II) in clause (i)— 

16 (aa) in subclause (I)— 

17 (AA) by striking ‘‘5(g), 

18 5(h),’’; and 

19 (BB) by striking ‘‘8e,’’; 

20 and 

21 (bb) in subclause (II), by 

22 striking ‘‘206(e)’’ and inserting 

23 ‘‘206’’; and 

24 (ii) in subparagraph (B), by striking 

25 ‘‘(D))’’ and inserting ‘‘(D)’’; 


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•S 451 IS

1 (4) in section 4d(f)(2)(A) (7 U.S.C. 

2 6d(f)(2)(A)), by striking ‘‘though’’ and inserting 

3 ‘‘through’’; 

4 (5) in section 4s (7 U.S.C. 6s)— 

5 (A) in subsection (e)(3)— 

6 (i) in subparagraph (B)(i)(II), by 

7 striking ‘‘(11))’’ and inserting ‘‘(11)))’’; 

8 and 

9 (ii) in subparagraph (D)(ii), in the 

10 matter preceding subclause (I), by striking 

11 ‘‘non cash collateral’’ and inserting 

12 ‘‘noncash collateral’’; 

13 (B) in subsection (f)(1)(B)(i), by striking 

14 ‘‘Commission’’ and inserting ‘‘prudential regu15 lator’’; 

16 (C) in subsection (h)— 

17 (i) in paragraph (2)(B), by inserting 

18 ‘‘a’’ before ‘‘swap with’’; and 

19 (ii) in paragraph (5)(A)— 

20 (I) in clause (i)— 

21 (aa) by striking ‘‘section 

22 1a(18)’’ and inserting ‘‘section 

23 1a(18)(A)’’; and 


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•S 451 IS

1 (bb) in subclause (VII), by 

2 striking ‘‘act of’’ and inserting 

3 ‘‘Act of’’; and 

4 (II) in clause (ii), by inserting 

5 ‘‘in connection with the transaction’’ 

6 after ‘‘acting’’; and 

7 (D) in subsection (k)(3)(A)(ii), by striking 

8 ‘‘the code’’ and inserting ‘‘any code’’; 

9 (6) in section 5(d)(19)(A) (7 U.S.C. 

10 7(d)(19)(A)), by striking ‘‘taking’’ and inserting 

11 ‘‘take’’; 

12 (7) in section 5b (7 U.S.C. 7a–1), by redesig13 nating subsection (k) as subsection (j); 

14 (8) in section 5c(c) (7 U.S.C. 7a–2(c))— 

15 (A) in paragraph (4)(B), by striking 

16 ‘‘1a(10)’’ and inserting ‘‘1a(9)’’; and 

17 (B) in paragraph (5)— 

18 (i) in subparagraph (A), by striking 

19 ‘‘this subtitle’’ and inserting ‘‘this Act’’; 

20 and 

21 (ii) in subparagraph (C)(i), by strik22 ing ‘‘1a(2)(i)’’ and inserting ‘‘1a(9)’’; 

23 (9) in section 5h (7 U.S.C. 7b–3)— 


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•S 451 IS

1 (A) in subsection (a)(1) , by striking ‘‘a fa2 cility’’ and inserting ‘‘a swap execution facil3 ity’’; and 

4 (B) in subsection (f)(11)(A), by striking 

5 ‘‘taking’’ and inserting ‘‘take’’; 

6 (10) in section 22(a)(1)(C)(ii) (7 U.S.C. 

7 25(a)(1)(C)(ii)), by striking ‘‘or’’ at the end; and 

8 (11) in section 23 (7 U.S.C. 26)— 

9 (A) in subsection (c)— 

10 (i) in paragraph (1)(B)(III), by strik11 ing ‘‘the Act’’ both places it appears and 

12 inserting ‘‘this Act’’; and 

13 (ii) in paragraph (2)(A)(i), by striking 

14 ‘‘a appropriate’’ and inserting ‘‘an appro15 priate’’; and 

16 (B) in subsection (f)(3), by striking 

17 ‘‘7064’’ and inserting ‘‘706’’. 

18 (h) COMMUNITY REINVESTMENT ACT OF 1977.—The 

19 Community Reinvestment Act of 1977 (12 U.S.C. 2901 

20 et seq.) is amended— 

21 (1) in section 803(1)(C) (12 U.S.C. 

22 2902(1)(C)), by striking the period at the end and 

23 inserting a semicolon; and 

24 (2) in section 806 (12 U.S.C. 2905), by striking 

25 ‘‘companies,,’’ and inserting ‘‘companies,’’. 


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1 (i) CREDIT REPAIR ORGANIZATIONS ACT.—Section 

2 403(4) of the Credit Repair Organizations Act (15 U.S.C. 

3 1679a(4)) is amended by striking ‘‘103(e)’’ and inserting 

4 ‘‘103(f)’’. 

5 (j) DEPOSITORY INSTITUTION MANAGEMENT INTER6 LOCKS ACT.—Section 205(9) of the Depository Institution 

7 Management Interlocks Act (12 U.S.C. 3204(9)) is 

8 amended by striking ‘‘Director of the Office of Thrift Su9 pervision’’ and inserting ‘‘appropriate Federal banking 

10 agency’’. 

11 (k) ECONOMIC GROWTH AND REGULATORY PAPER12 WORK REDUCTION ACT OF 1996.—Section 2227(a)(1) of 

13 the Economic Growth and Regulatory Paperwork Reduc14 tion Act of 1996 (12 U.S.C. 252(a)(1)) is amended by 

15 striking ‘‘the Director of the Office of Thrift Super16 vision,’’. 

17 (l) ELECTRONIC FUND TRANSFER ACT.—The Elec18 tronic Fund Transfer Act (15 U.S.C. 1693 et seq.) is 

19 amended— 

20 (1) in section 903 (15 U.S.C. 1693a)— 

21 (A) in paragraph (2), by striking ‘‘103(i)’’ 

22 and inserting ‘‘103(j)’’; and 

23 (B) by redesignating the first paragraph 

24 designated as paragraph (4) (defining the term 

25 ‘‘Board’’), as paragraph (3); 


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•S 451 IS

1 (2) in section 904(a) (15 U.S.C. 1693b(a))— 

2 (A) by redesignating the second paragraph 

3 designated as paragraph (1) (relating to con4 sultation with other agencies), the second para5 graph designated as paragraph (2) (relating to 

6 the preparation of an analysis of economic im7 pact), paragraph (3), and paragraph (4), as 

8 subparagraphs (A), (B), (C), and (D), respec9 tively, and adjusting the margins accordingly; 

10 and 

11 (B) by striking ‘‘In prescribing such regu12 lations, the Board shall:’’ and inserting the fol13 lowing: 

14 ‘‘(3) REGULATIONS.—In prescribing regulations 

15 under this subsection, the Bureau and the Board 

16 shall—’’; 

17 (3) in section 909(c) (15 U.S.C. 1693g(c)), by 

18 striking ‘‘103(e)’’ and inserting ‘‘103(f)’’; 

19 (4) in section 918(a)(4) (15 U.S.C. 

20 1693o(a)(4), by striking ‘‘Act and’’ and inserting 

21 ‘‘Act; and’’; and 

22 (5) in section 920(a)(4)(C) (15 U.S.C. 1693o– 

23 2(a)(4)(C)), by striking ‘‘the Director of the Office 

24 of Thrift Supervision,’’. 


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1 (m) EMERGENCY ECONOMIC STABILIZATION ACT OF

2 2008.—Section 101(b) of the Emergency Economic Sta3 bilization Act of 2008 (12 U.S.C. 5211(b)) is amended 

4 by striking ‘‘the Director of the Office of Thrift Super5 vision,’’. 

6 (n) EQUAL CREDIT OPPORTUNITY ACT.—The Equal 

7 Credit Opportunity Act (15 U.S.C. 1691 et seq.) is 

8 amended— 

9 (1) in section 703 (15 U.S.C. 1691b)— 

10 (A) in each of subsections (c) and (d), by 

11 striking ‘‘paragraph’’ each place that term ap12 pears and inserting ‘‘subsection’’; and 

13 (B) in subsection (g), by adding a period 

14 at the end; 

15 (2) in section 704 (15 U.S.C. 1691c)— 

16 (A) in subsection (a), by striking ‘‘Con17 sumer Protection Financial Protection Act of 

18 2010 with’’ and inserting ‘‘Consumer Financial 

19 Protection Act of 2010, compliance with’’; and 

20 (B) in subsection (c), in the second sen21 tence, by striking ‘‘subchapter’’ and inserting 

22 ‘‘title’’; 

23 (3) in section 704B(e)(3) (15 U.S.C. 1691c– 

24 2(e)(3)), by striking ‘‘(1)(E)’’ and inserting 

25 ‘‘(2)(E)’’; and 


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1 (4) in section 706(k) (15 U.S.C. 1691e(k)), by 

2 striking ‘‘, (2), or (3)’’ and inserting ‘‘or (2)’’. 

3 (o) EXPEDITED FUNDS AVAILABILITY ACT.—The 

4 Expedited Funds Availability Act (12 U.S.C. 4001 et seq.) 

5 is amended— 

6 (1) in section 605(f)(2)(A) (12 U.S.C. 

7 4004(f)(2)(A)), by striking ‘‘,,’’ and inserting a 

8 semicolon; and 

9 (2) in section 610(a)(2) (12 U.S.C. 

10 4009(a)(2)), by striking ‘‘Director of the Office of 

11 Thrift Supervision’’ and inserting ‘‘Comptroller of 

12 the Currency and the Board of Directors of the Fed13 eral Deposit Insurance Corporation, as appro14 priate,’’. 

15 (p) FAIR CREDIT REPORTING ACT.—The Fair Credit 

16 Reporting Act (15 U.S.C. 1681 et seq.) is amended— 

17 (1) in section 603 (15 U.S.C. 1681a)— 

18 (A) in subsection (d)(2)(D), by striking 

19 ‘‘(x)’’ and inserting ‘‘(y)’’; 

20 (B) in subsection (q)(5), by striking 

21 ‘‘103(i)’’ and inserting ‘‘103(j)’’; and 

22 (C) in subsection (v), by striking ‘‘Bureau’’ 

23 and inserting ‘‘Federal Trade Commission’’; 

24 (2) in section 604 (15 U.S.C. 1681b)— 


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1 (A) in subsection (b)(2)(B)(i), by striking 

2 ‘‘section 615(a)(3)’’ and inserting ‘‘section 

3 615(a)(4)’’; and 

4 (B) in subsection (g)(5), by striking 

5 ‘‘PARAGRAPH (2).—’’ and all that follows 

6 through ‘‘The Bureau’’ and inserting ‘‘PARA7 GRAPH (2).—The Bureau’’; 

8 (3) in section 605(h)(2)(A) (15 U.S.C. 

9 1681c(h)(2)(A))— 

10 (A) by striking ‘‘shall,,’’ and inserting 

11 ‘‘shall,’’; and 

12 (B) by striking ‘‘Commission,,’’ and insert13 ing ‘‘Commission,’’; 

14 (4) in section 605A(h)(1)(A) (15 U.S.C. 1681c– 

15 1(h)(1)(A)), by striking ‘‘103(i)’’ and inserting 

16 ‘‘103(j)’’; 

17 (5) in section 609 (15 U.S.C. 1681g)— 

18 (A) in subsection (c)(1)— 

19 (i) in the paragraph heading, by strik20 ing ‘‘COMMISSION’’ and inserting ‘‘BU21 REAU’’; and 

22 (ii) in subparagraph (B)(vi), by strik23 ing ‘‘603(w)’’ and inserting ‘‘603(x)’’; and 


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1 (B) by striking ‘‘The Commission’’ each 

2 place that term appears and inserting ‘‘The Bu3 reau’’; 

4 (6) in section 611 (15 U.S.C. 1681i), by strik5 ing ‘‘The Commission’’ each place that term appears 

6 and inserting ‘‘The Bureau’’; 

7 (7) in section 612 (15 U.S.C. 1681j)— 

8 (A) in subsection (a)(1), by striking ‘‘(w)’’ 

9 and inserting ‘‘(x)’’; and 

10 (B) by striking ‘‘The Commission’’ each 

11 place that term appears and inserting ‘‘The Bu12 reau’’; and 

13 (8) in section 621 (15 U.S.C. 1681s)— 

14 (A) in subsection (a)(1), in the first sen15 tence, by striking ‘‘, subsection (b)’’; 

16 (B) in subsection (e)(2), by inserting a pe17 riod after ‘‘provisions of this title’’; and 

18 (C) in subsection (f)(2), by striking ‘‘The 

19 Commission’’ and inserting ‘‘The Bureau’’. 

20 (q) FEDERAL CREDIT UNION ACT.—Section 

21 206(g)(7)(D)(iv) of the Federal Credit Union Act (12 

22 U.S.C. 1786(g)(7)(D)(iv)) is amended by striking the 

23 semicolon at the end and inserting a period. 


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•S 451 IS

1 (r) FEDERAL DEPOSIT INSURANCE ACT.—The Fed2 eral Deposit Insurance Act (12 U.S.C. 1811 et seq.) is 

3 amended— 

4 (1) in section 3(q)(2)(C) (12 U.S.C. 

5 1813(q)(2)(C)), by adding ‘‘and’’ at the end; 

6 (2) in section 7 (12 U.S.C. 1817)— 

7 (A) in subsection (b)(2)— 

8 (i) in subparagraph (A), by striking 

9 ‘‘(D)’’ and inserting ‘‘(C)’’; and 

10 (ii) by redesignating subparagraphs 

11 (D) and (E) as subparagraphs (C) and 

12 (D), respectively; and 

13 (B) in subsection (e)(2)(C), by adding a 

14 period at the end; 

15 (3) in section 8 (12 U.S.C. 1818)— 

16 (A) in subsection (b)(3), by striking 

17 ‘‘Act))’’ and inserting ‘‘Act)’’; and 

18 (B) in subsection (t)— 

19 (i) in paragraph (2)— 

20 (I) in subparagraph (C), by strik21 ing ‘‘depositors or’’ and inserting ‘‘de22 positors; or’’; and 

23 (II) in subparagraph (D), by 

24 striking the semicolon at the end and 

25 inserting a period; and 


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1 (ii) by redesignating the second para2 graph designated as paragraph (6), as 

3 added by section 1090(1) of the Dodd4 Frank Wall Street Reform and Consumer 

5 Protection Act (124 Stat. 2093) (relating 

6 to referral to the Bureau of Consumer Fi7 nancial Protection), as paragraph (7); 

8 (4) in section 10(b)(3)(A) (12 U.S.C. 

9 1820(b)(3)(A)), by striking ‘‘any special examination 

10 of any insured depository institution’’ and all that 

11 follows and inserting the following: ‘‘any special ex12 amination of any insured depository institution or 

13 nonbank financial company supervised by the Board 

14 of Governors or a bank holding company described 

15 in section 165(a) of the Financial Stability Act of 

16 2010, whenever the Board of Directors determines 

17 that a special examination of any such depository in18 stitution is necessary to determine the condition of 

19 such depository institution for insurance purposes, 

20 or of such nonbank financial company supervised by 

21 the Board of Governors or bank holding company 

22 described in section 165(a) of the Financial Stability 

23 Act of 2010, for the purpose of implementing its au24 thority to provide for orderly liquidation of any such 

25 company under title II of the Dodd-Frank Wall 


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•S 451 IS

1 Street Reform and Consumer Protection Act, pro2 vided that such authority may not be used with re3 spect to any such company that is in a generally 

4 sound condition.’’; 

5 (5) in section 11 (12 U.S.C. 1821)— 

6 (A) in subsection (d)(2)(I)(ii), by striking 

7 ‘‘and section 21A(b)(4)’’; and 

8 (B) in subsection (m), in each of para9 graphs (16) and (18), by striking the comma 

10 after ‘‘Comptroller of the Currency’’ each place 

11 it appears; and 

12 (6) in section 26(a) (12 U.S.C. 1831c(a)), by 

13 striking ‘‘Holding Company Act’’ each place that 

14 term appears and inserting ‘‘Holding Company Act 

15 of 1956’’. 

16 (s) FEDERAL FINANCIAL INSTITUTIONS EXAMINA17 TION COUNCIL ACT OF 1978.—Section 1003(1) of the 

18 Federal Financial Institutions Examination Council Act of 

19 1978 (12 U.S.C. 3302(1)) is amended by striking ‘‘the 

20 Office of Thrift Supervision,’’. 

21 (t) FEDERAL FIRE PREVENTION AND CONTROL ACT

22 OF 1974.—Section 31(a)(5)(B) of the Federal Fire Pre23 vention and Control Act of 1974 (15 U.S.C. 

24 2227(a)(5)(B)) is amended by striking ‘‘the Federal De25 posit Insurance Corporation’’ and all that follows through 


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•S 451 IS

1 the period and inserting ‘‘or the Federal Deposit Insur2 ance Corporation under the affordable housing program 

3 under section 40 of the Federal Deposit Insurance Act.’’. 

4 (u) FEDERAL HOME LOAN BANK ACT.—The Federal 

5 Home Loan Bank Act (12 U.S.C. 1421 et seq.) is amend6 ed— 

7 (1) in section 10(h)(1) (12 U.S.C. 1430(h)(1)), 

8 by striking ‘‘Director of the Office of Thrift Super9 vision’’ and inserting ‘‘Comptroller of the Currency 

10 or the Board of Directors of the Federal Deposit In11 surance Corporation, as applicable’’; and 

12 (2) in section 22(a) (12 U.S.C. 1442(a))— 

13 (A) in the matter preceding paragraph (1), 

14 by striking ‘‘Currency’’ and all that follows 

15 through ‘‘Supervision’’ and inserting ‘‘Cur16 rency, the Chairman of the Board of Governors 

17 of the Federal Reserve System, the Chairperson 

18 of the Federal Deposit Insurance Corporation, 

19 and the Chairman of the National Credit Union 

20 Administration’’; and 

21 (B) in the undesignated matter following 

22 paragraph (2), by striking ‘‘Currency’’ and all 

23 that follows through ‘‘Supervision’’ and insert24 ing ‘‘Currency, the Chairman of the Board of 

25 Governors of the Federal Reserve System, and 


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•S 451 IS

1 the Chairman of the National Credit Union Ad2 ministration’’. 

3 (v) FEDERAL RESERVE ACT.—The Federal Reserve 

4 Act (12 U.S.C. 221 et seq.) is amended in section 11 (12 

5 U.S.C. 248)— 

6 (1) by redesignating subsection (s), as added by 

7 section 1103(b) of the Dodd-Frank Wall Street Re8 form and Consumer Protection Act (124 Stat. 2118) 

9 (relating to Federal Reserve transparency and re10 lease of information), as subsection (t); and 

11 (2) in subsection (t), as so redesignated, in 

12 paragraph (8)(B), by striking ‘‘this section’’ and in13 serting ‘‘this subsection’’. 

14 (w) FINANCIAL INSTITUTIONS REFORM, RECOVERY, 

15 AND ENFORCEMENT ACT OF 1989.—The Financial Insti16 tutions Reform, Recovery, and Enforcement Act of 1989 

17 (Public Law 101–73; 103 Stat. 183) is amended— 

18 (1) in section 1121(6) (12 U.S.C. 3350(6)), by 

19 striking ‘‘the Office of Thrift Supervision,’’; and 

20 (2) in section 1206(a) (12 U.S.C. 1833b(a)), by 

21 striking ‘‘and the Bureau of Consumer Financial 

22 Protection,’’ and inserting ‘‘the Bureau of Consumer 

23 Financial Protection, and’’. 


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1 (x) GRAMM-LEACH-BLILEY ACT.—The Gramm2 Leach-Bliley Act (Public Law 106–102; 113 Stat. 1338) 

3 is amended— 

4 (1) in section 132(a) (12 U.S.C. 1828b(a)), by 

5 striking ‘‘the Director of the Office of Thrift Super6 vision,’’; 

7 (2) in section 206(a) (15 U.S.C. 78c note), by 

8 striking ‘‘Except as provided in subsection (e), for’’ 

9 and inserting ‘‘For’’; 

10 (3) in section 502(e)(5) (15 U.S.C. 6802(e)(5)), 

11 by inserting a comma after ‘‘Protection’’; 

12 (4) in section 504(a)(2) (15 U.S.C. 

13 6804(a)(2)), by striking ‘‘and, as appropriate, and 

14 with’’ and inserting ‘‘and, as appropriate, with’’; 

15 (5) in section 509(2) (15 U.S.C. 6809(2))— 

16 (A) by striking subparagraph (D); and 

17 (B) by redesignating subparagraphs (E) 

18 and (F) as subparagraphs (D) and (E), respec19 tively; and 

20 (6) in section 522(b)(1)(A)(iv) (15 U.S.C. 

21 6822(b)(1)(A)(iv)), by striking ‘‘Director of the Of22 fice of Thrift Supervision’’ and inserting ‘‘Comp23 troller of the Currency and the Board of Directors 

24 of the Federal Deposit Insurance Corporation, as 

25 appropriate’’. 


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•S 451 IS

1 (y) HELPING FAMILIES SAVE THEIR HOMES ACT OF

2 2009.—Section 104 of the Helping Families Save Their 

3 Homes Act of 2009 (12 U.S.C. 1715z–25) is amended— 

4 (1) in subsection (a)— 

5 (A) by striking ‘‘and the Director of the 

6 Office of Thrift Supervision, shall jointly’’ and 

7 inserting ‘‘shall’’; 

8 (B) by striking ‘‘and the Office of Thrift 

9 Supervision’’; and 

10 (C) by striking ‘‘each such’’ and inserting 

11 ‘‘such’’; and 

12 (2) in subsection (b)(1)— 

13 (A) in subparagraph (A)— 

14 (i) in the first sentence— 

15 (I) by striking ‘‘and the Director 

16 of the Office of Thrift Supervision,’’; 

17 and 

18 (II) by striking ‘‘or the Direc19 tor’’; 

20 (ii) in the second sentence, by striking 

21 ‘‘and the Director of the Office of Thrift 

22 Supervision’’; and 

23 (B) in subparagraph (B), by striking ‘‘and 

24 the Director of the Office of Thrift Super25 vision’’. 


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•S 451 IS

1 (z) HOME MORTGAGE DISCLOSURE ACT OF 1975.— 

2 The Home Mortgage Disclosure Act of 1975 (12 U.S.C. 

3 2801 et seq.) is amended— 

4 (1) in section 304(j)(3) (12 U.S.C. 2803(j)(3)), 

5 by adding a period at the end; and 

6 (2) in section 305(b)(1)(A)(iii) (12 U.S.C. 

7 2804(b)(1)(A)(iii)), by striking ‘‘bank as,’’ and in8 serting ‘‘bank, as’’. 

9 (aa) HOME OWNERS’ LOAN ACT.—The Home Own10 ers’ Loan Act (12 U.S.C. 1461 et seq.) is amended— 

11 (1) in section 5 (12 U.S.C. 1464)— 

12 (A) in subsection (d)(2)(E)(ii)— 

13 (i) in the first sentence, by striking 

14 ‘‘Except as provided in section 21A of the 

15 Federal Home Loan Bank Act, the’’ and 

16 inserting ‘‘The’’; and 

17 (ii) by striking ‘‘, at the Director’s 

18 discretion,’’; 

19 (B) in subsection (i)(6), by striking ‘‘the 

20 Office of Thrift Supervision or’’; 

21 (C) in subsection (m), by striking ‘‘Direc22 tor’s’’ each place that term appears and insert23 ing ‘‘appropriate Federal banking agency’s’’; 

24 (D) in subsection (n)(9)(B), by striking 

25 ‘‘Director’s’’ and inserting ‘‘Comptroller’s’’; and 


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•S 451 IS

1 (E) in subsection (s)— 

2 (i) in paragraph (1)— 

3 (I) in the matter preceding sub4 paragraph (A), by striking ‘‘of such 

5 Act)’’ and all that follows through 

6 ‘‘shall require’’ and inserting ‘‘of such 

7 Act), the appropriate Federal banking 

8 agency shall require’’; and 

9 (II) in subparagraph (B), by 

10 striking ‘‘other methods’’ and all that 

11 follows through ‘‘determines’’ and in12 serting ‘‘other methods as the appro13 priate Federal banking agency deter14 mines’’; 

15 (ii) in paragraph (2)— 

16 (I) by striking ‘‘DETERMINED’’ 

17 and all that follows through ‘‘may, 

18 consistent’’ and inserting ‘‘DETER19 MINED BY APPROPRIATE FEDERAL

20 BANKING AGENCY CASE-BY-CASE.— 

21 The appropriate Federal banking 

22 agency may, consistent’’; and 

23 (II) by striking ‘‘capital-to-as24 sets’’ and all that follows through 

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1 serting ‘‘capital-to-assets as the ap2 propriate Federal banking agency de3 termines to be necessary’’; 

4 (2) in section 6(c) (12 U.S.C. 1465(c)), by 

5 striking ‘‘sections’’ and inserting ‘‘section’’; 

6 (3) in section 10 (12 U.S.C. 1467a)— 

7 (A) in subsection (b)(6), by striking 

8 ‘‘time’’ and all that follows through ‘‘release’’ 

9 and inserting ‘‘time, upon the motion or appli10 cation of the Board, release’’; 

11 (B) in subsection (c)(2)(H)— 

12 (i) in the matter preceding clause 

13 (i)— 

14 (I) by striking ‘‘1841(p))’’ and 

15 inserting ‘‘1841(p)))’’; and 

16 (II) by inserting ‘‘(12 U.S.C. 

17 1843(k))’’ before ‘‘if—’’; and 

18 (ii) in clause (i), by inserting ‘‘of 1956 

19 (12 U.S.C. 1843(l) and (m))’’ after ‘‘Com20 pany Act’’; and 

21 (C) in subsection (e)(7)(B)(iii)— 

22 (i) by striking ‘‘Board of the Office of 

23 Thrift Supervision’’ and inserting ‘‘Direc24 tor of the Office of Thrift Supervision’’; 

25 and 


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1 (ii) by inserting ‘‘, as defined in sec2 tion 2 of the Dodd-Frank Wall Street Re3 form and Consumer Protection Act (12 

4 U.S.C. 5301)’’ after ‘‘transfer date’’; and 

5 (4) in section 13 (12 U.S.C. 1468b), by striking 

6 ‘‘the a’’ and inserting ‘‘a’’. 

7 (bb) HOME OWNERSHIP AND EQUITY PROTECTION

8 ACT OF 1994.—Section 158 of the Home Ownership and 

9 Equity Protection Act of 1994 (15 U.S.C. 1601 note) is 

10 amended by striking ‘‘Bureau’’ each place that term ap11 pears and inserting ‘‘Bureau of Consumer Financial Pro12 tection’’. 

13 (cc) HOUSING ACT OF 1948.—Section 502(c)(3) of 

14 the Housing Act of 1948 (12 U.S.C. 1701c(c)(3)) is 

15 amended by striking ‘‘Federal Home Loan Bank Agency’’ 

16 and inserting ‘‘Federal Housing Finance Agency’’. 

17 (dd) HOUSING AND URBAN DEVELOPMENT ACT OF

18 1968.—Section 106(h)(5) of the Housing and Urban De19 velopment Act of 1968 (12 U.S.C. 1701x(h)(5)) is amend20 ed by striking ‘‘authorised’’ and inserting ‘‘authorized’’. 

21 (ee) INTERNATIONAL BANKING ACT OF 1978.—Sec22 tion 15 of the International Banking Act of 1978 (12 

23 U.S.C. 3109) is amended— 

24 (1) in each of subsections (a) and (b)— 


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1 (A) by striking ‘‘, and Director of the Of2 fice of Thrift Supervision’’ each place that term 

3 appears; and 

4 (B) by inserting ‘‘and’’ before ‘‘Federal 

5 Deposit’’ each place that term appears; 

6 (2) in subsection (a), by striking ‘‘Comptroller, 

7 Corporation, or Director’’ and inserting ‘‘Comp8 troller, or Corporation’’; and 

9 (3) in subsection (c)(4)— 

10 (A) by inserting ‘‘and’’ before ‘‘the Federal 

11 Deposit’’; and 

12 (B) by striking ‘‘, and the Director of the 

13 Office of Thrift Supervision’’. 

14 (ff) INTERNATIONAL LENDING SUPERVISION ACT OF

15 1983.—Section 912 of the International Lending Super16 vision Act of 1983 (12 U.S.C. 3911) is amended— 

17 (1) in the section heading, by striking ‘‘AND

18 THE OFFICE OF THRIFT SUPERVISION’’; 

19 (2) by striking ‘‘(a) IN GENERAL.—’’; and 

20 (3) by striking subsection (b). 

21 (gg) INTERSTATE LAND SALES FULL DISCLOSURE

22 ACT.—The Interstate Land Sales Full Disclosure Act (15 

23 U.S.C. 1701 et seq.) is amended— 

24 (1) in section 1402(1) (15 U.S.C. 1701(1)) by 

25 striking ‘‘Bureau of’’ and all that follows through 


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•S 451 IS

1 the semicolon at the end and inserting ‘‘Bureau of 

2 Consumer Financial Protection;’’; and 

3 (2) in each of section 1411(b) (15 U.S.C. 

4 1710(b)) and subsections (b)(4) and (d) of section 

5 1418a (15 U.S.C. 1717a), by striking ‘‘Secretary’s’’ 

6 each place that term appears and inserting ‘‘Direc7 tor’s’’. 

8 (hh) INVESTMENT ADVISERS ACT OF 1940.—Section 

9 224 of the Investment Advisers Act of 1940 (15 U.S.C. 

10 80b–18c) is amended in the section heading, by striking 

11 ‘‘COMMODITIES’’ and inserting ‘‘COMMODITY’’. 

12 (ii) LEGAL CERTAINTY FOR BANK PRODUCTS ACT

13 OF 2000.—Section 403(b)(1) of the Legal Certainty for 

14 Bank Products Act of 2000 (7 U.S.C. 27a(b)(1)) is 

15 amended by striking ‘‘that section’’ and inserting ‘‘sec16 tion’’. 

17 (jj) OMNIBUS APPROPRIATIONS ACT, 2009.—Section 

18 626(b) of the Omnibus Appropriations Act, 2009 (12 

19 U.S.C. 5538(b)) is amended, in each of paragraphs (2) 

20 and (3), by inserting a comma after ‘‘as appropriate’’ each 

21 place that term appears. 

22 (kk) PUBLIC LAW 93–495.—Section 111 of Public 

23 Law 93–495 (12 U.S.C. 250) is amended by striking ‘‘the 

24 Director of the Office of Thrift Supervision,’’. 


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1 (ll) REVISED STATUTES OF THE UNITED STATES.— 

2 Section 5136C(i) of the Revised Statutes of the United 

3 States (12 U.S.C. 25b(i)) is amended by striking ‘‘POW4 ERS.—’’ and all that follows through ‘‘In accordance’’ and 

5 inserting ‘‘POWERS.—In accordance’’. 

6 (mm) RIEGLE COMMUNITY DEVELOPMENT AND

7 REGULATORY IMPROVEMENT ACT OF 1994.—Section 

8 117(e) of the Riegle Community Development and Regu9 latory Improvement Act of 1994 (12 U.S.C. 4716(e)) is 

10 amended by striking ‘‘the Director of the Office of Thrift 

11 Supervision,’’. 

12 (nn) S.A.F.E. MORTGAGE LICENSING ACT OF

13 2008.—Section 1514 of the S.A.F.E. Mortgage Licensing 

14 Act of 2008 (12 U.S.C. 5113) is amended in each of sub15 sections (b)(5) and (c)(4)(C), by striking ‘‘Secretary’s’’ 

16 each place that term appears and inserting ‘‘Director’s’’. 

17 (oo) SECURITIES EXCHANGE ACT OF 1934.—The Se18 curities Exchange Act of 1934 (15 U.S.C. 78a et seq.) 

19 is amended— 

20 (1) in section 3C(g)(4)(B)(v) (15 U.S.C. 78c– 

21 3(g)(4)(B)(v)), by striking ‘‘of that Act’’ and insert22 ing ‘‘of that section’’; 

23 (2) in section 3D(d)(10)(A) (15 U.S.C. 78c– 

24 4(d)(10)(A)), by striking ‘‘taking’’ and inserting 

25 ‘‘take’’; 


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1 (3) in section 3E(b)(1) (15 U.S.C. 78c– 

2 5(b)(1)), by striking ‘‘though’’ and inserting 

3 ‘‘through’’; 

4 (4) in section 4(g)(8)(A) (15 U.S.C. 

5 78d(g)(8)(A)), by striking ‘‘(2)(A)(i)’’ and inserting 

6 ‘‘(2)(A)(ii)’’; 

7 (5) in section 15 (15 U.S.C. 78o)— 

8 (A) in each of subparagraphs (B)(ii) and 

9 (C) of subsection (b)(4), by striking ‘‘dealer 

10 municipal advisor,,’’ and inserting ‘‘dealer, mu11 nicipal advisor,’’; 

12 (B) by redesignating subsection (j) (relat13 ing to the authority of the Commission) as sub14 section (p) and moving that subsection to the 

15 end; 

16 (C) by redesignating subsections (k) and 

17 (l) (relating to standard of conduct and other 

18 matters, respectively), as added by section 

19 913(g)(1) of the Dodd-Frank Wall Street Re20 form and Consumer Protection Act (124 Stat. 

21 1828), as subsections (q) and (r), respectively 

22 and moving those subsections to the end; and 

23 (D) in subsection (m), by inserting ‘‘the’’ 

24 before ‘‘same extent’’; 

25 (6) in section 15F(h) (15 U.S.C. 78o–10(h))— 


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1 (A) in paragraph (2)(A), by inserting ‘‘a’’ 

2 after ‘‘that acts as an advisor to’’; 

3 (B) in paragraph (2)(B), by inserting ‘‘a’’ 

4 after ‘‘offers to enter into’’; and 

5 (C) in paragraph (5)(A)(i)— 

6 (i) by inserting ‘‘(A)’’ after ‘‘(18)’’; 

7 and 

8 (ii) in subclause (VII), by striking 

9 ‘‘act of’’ and inserting ‘‘Act of’’; 

10 (7) in section 15G (15 U.S.C. 78o–11)— 

11 (A) in subsection (b)(2), by inserting ‘‘Di12 rector of the’’ before ‘‘Federal Housing’’; 

13 (B) in subsection (e)(4)(A), by striking 

14 ‘‘subsection’’ and inserting ‘‘section’’; 

15 (C) in subsection (e)(4)(C)— 

16 (i) by striking ‘‘129C(c)(2)’’ and in17 serting ‘‘129C(b)(2)(A)’’; and 

18 (ii) by inserting ‘‘(15 U.S.C. 

19 1639c(b)(2)(A))’’ after ‘‘Lending Act’’; 

20 and 

21 (D) in subsection (e)(5), by striking ‘‘sub22 section’’ and inserting ‘‘section’’; and 

23 (8) in section 17A (15 U.S.C. 78q–1), by redes24 ignating subsection (g), as added by section 929W 

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1 sumer Protection Act (relating to due diligence for 

2 the delivery of dividends, interest, and other valuable 

3 property rights) as subsection (n) and moving that 

4 subsection to the end. 

5 (pp) TELEMARKETING AND CONSUMER FRAUD AND

6 ABUSE PREVENTION ACT.—Section 3(b) of the Tele7 marketing and Consumer Fraud and Abuse Prevention 

8 Act (15 U.S.C. 6102(b)) is amended by inserting before 

9 the period at the end the following: ‘‘, provided, however, 

10 nothing in this section shall conflict with or supersede sec11 tion 6 of the Federal Trade Commission Act (15 U.S.C. 

12 46)’’. 

13 (qq) TITLE 5.—Title 5, United States Code, is 

14 amended— 

15 (1) in section 3132(a)(1)(D), by striking ‘‘the 

16 Office of Thrift Supervision,, the Resolution Trust 

17 Corporation,’’; and 

18 (2) in section 5314, by striking ‘‘Director of the 

19 Office of Thrift Supervision.’’. 

20 (rr) TITLE 10.—Section 987(h)(3) of title 10, United 

21 States Code, is amended— 

22 (1) by striking subparagraph (E); and 

23 (2) by redesignating subparagraphs (F) and 

24 (G) as subparagraphs (E) and (F), respectively. 

25 (ss) TITLE 31.— 


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1 (1) AMENDMENTS.—Title 31, United States 

2 Code, is amended— 

3 (A) by striking section 309; 

4 (B) in section 313— 

5 (i) in subsection (j)(2), by striking 

6 ‘‘Agency’’; and 

7 (ii) in subsection (r)(4), by striking 

8 ‘‘the Office of Thrift Supervision,’’; and 

9 (C) in section 714(d)(3)(B) by striking ‘‘a 

10 audit’’ and inserting ‘‘an audit’’. 

11 (2) ANALYSIS.—The analysis for subchapter I 

12 of chapter 3 of title 31, United States Code, is 

13 amended by striking the item relating to section 

14 309. 

15 (tt) TRUTH IN LENDING ACT.—The Truth in Lend16 ing Act (15 U.S.C. 1601 et seq.) is amended— 

17 (1) in section 103 (15 U.S.C. 1602)— 

18 (A) by redesignating subsections (aa) and 

19 (bb) as subsections (bb) and (aa), respectively, 

20 and moving subsection (bb), as so redesignated, 

21 after subsection (aa), as so redesignated; 

22 (B) by redesignating the subsection (cc), 

23 as added by section 1401 of the Dodd-Frank 

24 Wall Street Reform and Consumer Protection 


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1 Act (124 Stat. 2137), as subsection (ee), and 

2 by moving such subsection to the end; and 

3 (C) in paragraph (2)(E)(v) of subsection 

4 (ee), as so redesignated, by striking ‘‘Board’’ 

5 and inserting ‘‘Bureau’’; 

6 (2) in section 105 (15 U.S.C. 1604), by insert7 ing subsection (h), as added by section 1472(c) of 

8 the Dodd-Frank Wall Street Reform and Consumer 

9 Protection Act (124 Stat. 2187), before subsection 

10 (i), as added by section 1100A(7) of that Act (124 

11 Stat. 2108); 

12 (3) in section 106(f)(2)(B)(i) (15 U.S.C. 

13 1605(f)(2)(B)(i)), by striking ‘‘103(w)’’ and insert14 ing ‘‘103(x)’’; 

15 (4) in section 121(b) (15 U.S.C. 1631(b)), by 

16 striking ‘‘103(f)’’ and inserting ‘‘103(g)’’; 

17 (5) in section 122(d)(5) (15 U.S.C. 

18 1632(d)(5)), by striking ‘‘and the Bureau’’ before ‘‘, 

19 may promulgate regulations’’; 

20 (6) in section 125(e)(1) (15 U.S.C. 1635(e)(1)), 

21 by striking ‘‘103(w)’’ and inserting ‘‘103(x)’’; 

22 (7) in section 129 (15 U.S.C. 1639)— 

23 (A) in subsection (q), by striking ‘‘(l)(2)’’ 

24 and inserting ‘‘(p)(2)’’; and 


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1 (B) in subsection (u)(3), by striking 

2 ‘‘Board’’ each place that term appears and in3 serting ‘‘Bureau’’; 

4 (8) in section 129C (15 U.S.C. 1639c)— 

5 (A) in subsection (b)(2)(B), by striking the 

6 second period at the end; and 

7 (B) in subsection (c)(1)(B)(ii)(I), by strik8 ing ‘‘a original’’ and inserting ‘‘an original’’; 

9 (9) in section 140A (15 U.S.C. 1651), by strik10 ing ‘‘the Bureau and’’; 

11 (10) in section 148(d) (15 U.S.C. 1665c(d)), by 

12 striking ‘‘Bureau’’ and inserting ‘‘Board’’; 

13 (11) in section 149 (15 U.S.C. 1665d)— 

14 (A) by striking ‘‘the Director of the Office 

15 of Thrift Supervision,’’ each place that term ap16 pears; 

17 (B) by striking ‘‘National Credit Union 

18 Administration Bureau’’ and inserting ‘‘Na19 tional Credit Union Administration Board’’ 

20 each place that term appears; and 

21 (C) by striking ‘‘Bureau of Directors of 

22 the Federal Deposit Insurance Corporation’’ 

23 and inserting ‘‘Board of Directors of the Fed24 eral Deposit Insurance Corporation’’ each place 

25 that term appears; and 


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1 (12) in section 181(1) (15 U.S.C. 1667(1)), by 

2 striking ‘‘103(g)’’ and inserting ‘‘103(h)’’. 

3 (uu) TRUTH IN SAVINGS ACT.—The Truth in Sav4 ings Act (12 U.S.C. 4301 et seq.) is amended in each of 

5 sections 269(a)(4) (12 U.S.C. 4308(a)(4)), 270(a)(2) (12 

6 U.S.C. 4309(a)(2)), and 274(6) (12 U.S.C. 4313(6)), by 

7 striking ‘‘Administration Bureau’’ each place that term 

8 appears and inserting ‘‘Administration Board’’. 

9 SEC. 17. RULEMAKING DEADLINES. 

10 (a) ONE-YEAR EXTENSION.—The deadline for 

11 issuance of any rule or regulation, conduct of any study, 

12 or submission of any report required by the Dodd-Frank 

13 Wall Street Reform and Consumer Protection Act (Public 

14 Law 111–203) or amendments made by that Act that has 

15 not been met or is not met in final form by the date speci16 fied in that Act or those amendments, shall be extended 

17 for 1 year. 

18 (b) NO EFFECT ON FINALIZED RULES.—The exten19 sion provided under subsection (a) shall have no effect on 

20 any rule required by the Dodd-Frank Wall Street Reform 

21 and Consumer Protection Act (Public Law 111–203) or 

22 amendments made by that Act that have been issued in 

23 final form before the date of enactment of this Act. 


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1 SEC. 18. EFFECTIVE DATES. 

2 Except as otherwise specifically provided in this 

3 Act— 

4 (1) the amendments made by this Act to a pro5 vision of the Dodd-Frank Wall Street Reform and 

6 Consumer Protection Act (Public Law 111–203) 

7 shall take effect as if enacted on the effective date 

8 of the provision, immediately after the provision 

9 takes effect; and 

10 (2) the amendments made by this Act to a pro11 vision of law amended by the Dodd-Frank Wall 

12 Street Reform and Consumer Protection Act shall 

13 take effect as if enacted on the effective date of the 

14 amendment to that provision of law made by the 

15 Dodd-Frank Wall Street Reform and Consumer Pro16 tection Act, immediately after the amendment made 

17 by the Dodd-Frank Wall Street Reform and Con18 sumer Protection Act takes effect. 

Æ 


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