524 
States Code, for sharing in compensation earned 
by another for representations on matters covered 
by such section; and 
‘‘(B) a person shall not be subject to the re-
strictions of subsection (a)(2) of such section for 
sharing such compensation with the Independent 
Insurance Advocate. 
‘‘(i) ADVISORY, TECHNICAL, AND PROFESSIONAL COM-
MITTEES.—The Independent Insurance Advocate may ap-
point such special advisory, technical, or professional com-
mittees as may be useful in carrying out the functions of 
the Office and the members of such committees may be staff 
of the Office, or other persons, or both. 
‘‘(j) MISSION AND FUNCTIONS.— 
‘‘(1) MISSION.—In carrying out the functions 
under this subsection, the mission of the Office shall 
be to act as an independent advocate on behalf of the 
interests of United States policyholders on prudential 
aspects of insurance matters of importance, and to 
provide perspective on protecting their interests, sepa-
rate and apart from any other Federal agency or 
State insurance regulator. 
‘‘(2) OFFICE.—The Office shall have the author-
ity— 
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‘‘(A) to coordinate Federal efforts on pru-
dential aspects of international insurance mat-
ters, including representing the United States, as 
appropriate, in the International Association of 
Insurance Supervisors (or a successor entity) 
and assisting the Secretary in negotiating cov-
ered agreements (as such term is defined in sub-
section (q)) in coordination with States (includ-
ing State insurance commissioners) and the 
United States Trade Representative; 
‘‘(B) to consult with the States (including 
State insurance regulators) regarding insurance 
matters of national importance and prudential 
insurance matters of international importance; 
‘‘(C) to assist the Secretary in admin-
istering the Terrorism Insurance Program estab-
lished in the Department of the Treasury under 
the Terrorism Risk Insurance Act of 2002 (15 
U.S.C. 6701 note); 
‘‘(D) to observe all aspects of the insurance 
industry, including identifying issues or gaps in 
the regulation of insurers that could contribute 
to a systemic crisis in the insurance industry or 
the United States financial system; and 
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‘‘(E) to make determinations and exercise 
the authority under subsection (m) with respect 
to covered agreements and State insurance meas-
ures. 
‘‘(3) MEMBERSHIP
ON
FINANCIAL
STABILITY 
OVERSIGHT COUNCIL.— 
‘‘(A) IN GENERAL.—The Independent Insur-
ance Advocate shall serve, pursuant to section 
111(b)(1)(J) of the Financial Stability Act of 
2010 (12 U.S.C. 5321(b)(1)(J)), as a member on 
the Financial Stability Oversight Council. 
‘‘(B) AUTHORITY.—To assist the Financial 
Stability Oversight Council with its responsibil-
ities to monitor international insurance develop-
ments, advise the Congress, and make rec-
ommendations, the Independent Insurance Advo-
cate shall have the authority— 
‘‘(i) to regularly consult with inter-
national insurance supervisors and inter-
national financial stability counterparts; 
‘‘(ii) to consult with the Board of Gov-
ernors of the Federal Reserve System and 
the States with respect to representing the 
United States, as appropriate, in the Inter-
national Association of Insurance Super-
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visors (including to become a non-voting 
member thereof), particularly on matters of 
systemic risk; 
‘‘(iii) to participate at the Financial 
Stability Board of The Group of Twenty 
and to join with other members from the 
United States including on matters related 
to insurance; and 
‘‘(iv) to participate with the United 
States delegation to the Organization for 
Economic Cooperation and Development 
and observe and participate at the Insur-
ance and Private Pensions Committee. 
‘‘(4) LIMITATIONS ON PARTICIPATION IN SUPER-
VISORY COLLEGES.—The Office may not engage in 
any activities that it is not specifically authorized to 
engage in under this section or any other provision 
of law, including participation in any supervisory 
college or other meetings or fora for cooperation and 
communication between the involved insurance super-
visors established for the fundamental purpose of fa-
cilitating the effectiveness of supervision of entities 
which belong to an insurance group. 
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‘‘(k) SCOPE.—The authority of the Office as specified 
and limited in this section shall extend to all lines of insur-
ance except— 
‘‘(1) health insurance, as determined by the Sec-
retary in coordination with the Secretary of Health 
and Human Services based on section 2791 of the 
Public Health Service Act (42 U.S.C. 300gg-91); 
‘‘(2) long-term care insurance, except long-term 
care insurance that is included with life or annuity 
insurance components, as determined by the Secretary 
in coordination with the Secretary of Health and 
Human Services, and in the case of long-term care 
insurance that is included with such components, the 
Secretary shall coordinate with the Secretary of 
Health and Human Services in performing the func-
tions of the Office; and 
‘‘(3) crop insurance, as established by the Fed-
eral Crop Insurance Act (7 U.S.C. 1501 et seq.). 
‘‘(l) ACCESS TO INFORMATION.—In carrying out the 
functions required under subsection (j), the Office may co-
ordinate with any relevant Federal agency and any State 
insurance regulator (or other relevant Federal or State reg-
ulatory agency, if any, in the case of an affiliate of an in-
surer) and any publicly available sources for the provision 
to the Office of publicly available information. Notwith-
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standing any other provision of law, each such relevant 
Federal agency and State insurance regulator or other Fed-
eral or State regulatory agency is authorized to provide to 
the Office such data or information. 
‘‘(m) PREEMPTION PURSUANT TO COVERED AGREE-
MENTS.— 
‘‘(1) STANDARDS.—A State insurance measure 
shall be preempted pursuant to this section or section 
314 if, and only to the extent that the Independent 
Insurance Advocate determines, in accordance with 
this subsection, that the measure— 
‘‘(A) results in less favorable treatment of a 
non-United States insurer domiciled in a foreign 
jurisdiction that is subject to a covered agree-
ment than a United States insurer domiciled, li-
censed, or otherwise admitted in that State; and 
‘‘(B) is inconsistent with a covered agree-
ment. 
‘‘(2) DETERMINATION.— 
‘‘(A) NOTICE
OF
POTENTIAL
INCONSIST-
ENCY.—Before making any determination under 
paragraph (1), the Independent Insurance Advo-
cate shall— 
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‘‘(i) notify and consult with the appro-
priate State regarding any potential incon-
sistency or preemption; 
‘‘(ii) notify and consult with the 
United States Trade Representative regard-
ing any potential inconsistency or preemp-
tion; 
‘‘(iii) cause to be published in the Fed-
eral Register notice of the issue regarding 
the potential inconsistency or preemption, 
including a description of each State insur-
ance measure at issue and any applicable 
covered agreement; 
‘‘(iv) provide interested parties a rea-
sonable opportunity to submit written com-
ments to the Office; and 
‘‘(v) consider any comments received. 
‘‘(B) SCOPE OF REVIEW.—For purposes of 
this subsection, any determination of the Inde-
pendent Insurance Advocate regarding State in-
surance measures, and any preemption under 
paragraph (1) as a result of such determination, 
shall be limited to the subject matter contained 
within the covered agreement involved and shall 
achieve a level of protection for insurance or re-
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insurance consumers that is substantially equiv-
alent to the level of protection achieved under 
State insurance or reinsurance regulation. 
‘‘(C) NOTICE OF DETERMINATION OF INCON-
SISTENCY.—Upon making any determination 
under paragraph (1), the Director shall— 
‘‘(i) notify the appropriate State of the 
determination and the extent of the incon-
sistency; 
‘‘(ii) establish a reasonable period of 
time, which shall not be less than 30 days, 
before the determination shall become effec-
tive; and 
‘‘(iii) notify the Committees on Finan-
cial Services and Ways and Means of the 
House of Representatives and the Commit-
tees on Banking, Housing, and Urban Af-
fairs and Finance of the Senate. 
‘‘(3) NOTICE
OF
EFFECTIVENESS.—Upon the 
conclusion of the period referred to in paragraph 
(2)(C)(ii), if the basis for such determination still ex-
ists, the determination shall become effective and the 
Independent Insurance Advocate shall— 
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‘‘(A) cause to be published a notice in the 
Federal Register that the preemption has become 
effective, as well as the effective date; and 
‘‘(B) notify the appropriate State. 
‘‘(4) LIMITATION.—No State may enforce a State 
insurance measure to the extent that such measure 
has been preempted under this subsection. 
‘‘(5) APPLICABILITY OF ADMINISTRATIVE PROCE-
DURES ACT.—Determinations of inconsistency made 
pursuant to paragraph (2) shall be subject to the ap-
plicable provisions of subchapter II of chapter 5 of 
title 5, United States Code (relating to administrative 
procedure), and chapter 7 of such title (relating to ju-
dicial review), except that in any action for judicial 
review of a determination of inconsistency, the court 
shall determine the matter de novo. 
‘‘(n) CONSULTATION.—The Independent Insurance Ad-
vocate shall consult with State insurance regulators, indi-
vidually or collectively, to the extent the Independent Insur-
ance Advocate determines appropriate, in carrying out the 
functions of the Office. 
‘‘(o) NOTICES AND REQUESTS FOR COMMENT.—In ad-
dition to the other functions and duties specified in this 
section, the Independent Insurance Advocate may prescribe 
such notices and requests for comment in the Federal Reg-
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ister as are deemed necessary related to and governing the 
manner in which the duties and authorities of the Inde-
pendent Insurance Advocate are carried out; 
‘‘(p) SAVINGS PROVISIONS.—Nothing in this section 
shall— 
‘‘(1) preempt— 
‘‘(A) any State insurance measure that gov-
erns any insurer’s rates, premiums, under-
writing, or sales practices; 
‘‘(B) any State coverage requirements for 
insurance; 
‘‘(C) the application of the antitrust laws of 
any State to the business of insurance; or 
‘‘(D) any State insurance measure gov-
erning the capital or solvency of an insurer, ex-
cept to the extent that such State insurance 
measure results in less favorable treatment of a 
non-United State insurer than a United States 
insurer; or 
‘‘(2) affect the preemption of any State insur-
ance measure otherwise inconsistent with and pre-
empted by Federal law. 
‘‘(q) RETENTION OF AUTHORITY OF FEDERAL FINAN-
CIAL REGULATORY AGENCIES.—Nothing in this section or 
section 314 shall be construed to limit the authority of any 
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Federal financial regulatory agency, including the author-
ity to develop and coordinate policy, negotiate, and enter 
into agreements with foreign governments, authorities, reg-
ulators, and multinational regulatory committees and to 
preempt State measures to affect uniformity with inter-
national regulatory agreements. 
‘‘(r) RETENTION OF AUTHORITY OF UNITED STATES 
TRADE REPRESENTATIVE.—Nothing in this section or sec-
tion 314 shall be construed to affect the authority of the 
Office of the United States Trade Representative pursuant 
to section 141 of the Trade Act of 1974 (19 U.S.C. 2171) 
or any other provision of law, including authority over the 
development and coordination of United States inter-
national trade policy and the administration of the United 
States trade agreements program. 
‘‘(s) CONGRESSIONAL TESTIMONY.—The Independent 
Insurance Advocate shall appear before the Committee on 
Financial Services of the House of Representatives and the 
Committee on Banking, Housing, and Urban Affairs at 
semi-annual hearings and shall provide testimony, which 
shall include submitting written testimony in advance of 
such appearances to such committees and to the Committee 
on Ways and Means of the House of Representatives and 
the Committee on Finance of the Senate, on the following 
matters: 
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‘‘(1) OFFICE ACTIVITIES.—The efforts, activities, 
objectives, and plans of the Office. 
‘‘(2) SECTION
313(L)
ACTIONS.—Any actions 
taken by the Office pursuant to subsection (l) (regard-
ing preemption pursuant to covered agreements). 
‘‘(3) INSURANCE INDUSTRY.—The state of, and 
developments in, the insurance industry. 
‘‘(4) U.S. AND GLOBAL INSURANCE AND REIN-
SURANCE MARKETS.—The breadth and scope of the 
global insurance and reinsurance markets and the 
critical role such markets plays in supporting insur-
ance in the United States and the ongoing impacts of 
part II of the Nonadmitted and Reinsurance Reform 
Act of 2010 on the ability of State regulators to access 
reinsurance information for regulated companies in 
their jurisdictions. 
‘‘(5) OTHER.—Any other matters as deemed rel-
evant by the Independent Insurance Advocate or re-
quested by such Committees. 
‘‘(t) REPORT UPON END OF TERM OF OFFICE.—Not 
later than two months prior to the expiration of the term 
of office, or discontinuation of service, of each individual 
serving as the Independent Insurance Advocate, the Inde-
pendent Insurance Advocate shall submit a report to the 
Committees on Financial Services and Ways and Means 
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of the House of Representatives and the Committees on 
Banking, Housing, and Urban Affairs and Finance of the 
Senate setting forth recommendations regarding the Finan-
cial Stability Oversight Council and the role, duties, and 
functions of the Independent Insurance Advocate. 
‘‘(u) DEFINITIONS.—In this section and section 314, 
the following definitions shall apply: 
‘‘(1) AFFILIATE.—The term ‘affiliate’ means, 
with respect to an insurer, any person who controls, 
is controlled by, or is under common control with the 
insurer. 
‘‘(2) COVERED AGREEMENT.—The term ‘covered 
agreement’ means a written bilateral or multilateral 
agreement regarding prudential measures with respect 
to the business of insurance or reinsurance that— 
‘‘(A) is entered into between the United 
States and one or more foreign governments, au-
thorities, or regulatory entities; and 
‘‘(B) relates to the recognition of prudential 
measures with respect to the business of insur-
ance or reinsurance that achieves a level of pro-
tection for insurance or reinsurance consumers 
that is substantially equivalent to the level of 
protection achieved under State insurance or re-
insurance regulation. 
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‘‘(3) INSURER.—The term ‘insurer’ means any 
person engaged in the business of insurance, includ-
ing reinsurance. 
‘‘(4) FEDERAL
FINANCIAL
REGULATORY
AGEN-
CY.—The term ‘Federal financial regulatory agency’ 
means the Department of the Treasury, the Board of 
Governors of the Federal Reserve System, the Office of 
the Comptroller of the Currency, the Office of Thrift 
Supervision, the Securities and Exchange Commis-
sion, the Commodity Futures Trading Commission, 
the Federal Deposit Insurance Corporation, the Fed-
eral Housing Finance Agency, or the National Credit 
Union Administration. 
‘‘(5) FINANCIAL
STABILITY
OVERSIGHT
COUN-
CIL.—The term ‘Financial Stability Oversight Coun-
cil ’ means the Financial Stability Oversight Council 
established under section 111(a) of the Dodd-Frank 
Wall Street Reform and Consumer Protection Act (12 
U.S.C. 5321(a)). 
‘‘(6) MEMBER
AGENCY.—The term ‘member 
agency’ has the meaning given such term in section 
111(a) of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act (12 U.S.C. 5321(a)). 
‘‘(7) NON-UNITED STATES INSURER.—The term 
‘non-United States insurer’ means an insurer that is 
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organized under the laws of a jurisdiction other than 
a State, but does not include any United States 
branch of such an insurer. 
‘‘(8) OFFICE.—The term ‘Office’ means the Office 
of the Independent Insurance Advocate established by 
this section. 
‘‘(9) STATE
INSURANCE
MEASURE.—The term 
‘State insurance measure’ means any State law, regu-
lation, administrative ruling, bulletin, guideline, or 
practice relating to or affecting prudential measures 
applicable to insurance or reinsurance. 
‘‘(10) STATE INSURANCE REGULATOR.—The term 
‘State insurance regulator’ means any State regu-
latory authority responsible for the supervision of in-
surers. 
‘‘(11) SUBSTANTIALLY
EQUIVALENT
TO
THE 
LEVEL OF PROTECTION ACHIEVED.—The term ‘sub-
stantially equivalent to the level of protection 
achieved’ means the prudential measures of a foreign 
government, authority, or regulatory entity achieve a 
similar outcome in consumer protection as the out-
come achieved under State insurance or reinsurance 
regulation. 
‘‘(12) UNITED
STATES
INSURER.—The term 
‘United States insurer’ means— 
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‘‘(A) an insurer that is organized under the 
laws of a State; or 
‘‘(B) a United States branch of a non- 
United States insurer.’’. 
(b) PAY AT LEVEL III OF EXECUTIVE SCHEDULE.— 
Section 5314 of title 5, United States Code, is amended by 
adding at the end the following new item: 
‘‘Independent Insurance Advocate, Department 
of the Treasury.’’. 
(c) VOTING MEMBER OF FSOC.—Paragraph (1) of sec-
tion 111(b) of the Dodd-Frank Wall Street Reform and Con-
sumer Protection Act (12 U.S.C. 5321(b)(1)) is amended 
by striking subparagraph (J) and inserting the following 
new subparagraph: 
‘‘(J) the Independent Insurance Advocate 
appointed pursuant to section 313 of title 31, 
United States Code.’’. 
(d) INDEPENDENCE.—Section 111 of Public Law 93– 
495 (12 U.S.C. 250) is amended— 
(1) by inserting ‘‘the Independent Insurance Ad-
vocate of the Department of the Treasury,’’ after 
‘‘Federal Housing Finance Agency,’’; and 
(2) by inserting ‘‘or official’’ before ‘‘submitting 
them’’. 
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(e) TRANSFER OF EMPLOYEES.—All employees of the 
Department of Treasury who are performing staff functions 
for the independent member of the Financial Stability 
Oversight Council under section 111(b)(2)(J) of the Dodd- 
Frank Wall Street Reform and Consumer Protection Act 
(12 U.S.C. 5321(b)(2)(J)) on a full-time equivalent basis 
as of the date of enactment of this Act shall be eligible for 
transfer to the Office of the Independent Insurance Advocate 
established pursuant to the amendment made by subsection 
(a) of this section for appointment as an employee and shall 
be transferred at the joint discretion of the Independent In-
surance Advocate and the eligible employee. Any employee 
eligible for transfer that is not appointed within 360 days 
from the date of enactment of this Act shall be eligible for 
detail under section 313(f)(4) of title 31, United States 
Code. 
(f) TEMPORARY
SERVICE; TRANSITION.—Notwith-
standing the amendment made by subsection (a) of this sec-
tion, during the period beginning on the date of the enact-
ment of this Act and ending on the date on which the Inde-
pendent Insurance Advocate is appointed and confirmed 
pursuant to section 313(b)(2) of title 31, United States 
Code, as amended by such amendment, the person serving, 
on such date of enactment, as the independent member of 
the Financial Stability Oversight Council pursuant to sec-
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tion 111(b)(1)(J) of the Dodd-Frank Wall Street Reform 
and Consumer Protection Act (12 U.S.C. 5321(b)(1)(J)) 
shall act for all purposes as, and with the full powers of, 
the Independent Insurance Advocate. 
(g) COMPARABILITY IN COMPENSATION SCHEDULES.— 
Subsection (a) of section 1206 of the Financial Institutions 
Reform, Recovery, and Enforcement Act of 1989 (12 U.S.C. 
1833b(a)) is amended by inserting ‘‘the Office of the Inde-
pendent Insurance Advocate of the Department of the Treas-
ury,’’ before ‘‘and the Farm Credit Administration,’’. 
(h) SENIOR EXECUTIVES.—Subparagraph (D) of sec-
tion 3132(a)(1) of title 5, United States Code, is amended 
by inserting ‘‘the Office of the Independent Insurance Advo-
cate of the Department of the Treasury,’’ after ‘‘Finance 
Agency,’’. 
SEC. 1102. TREATMENT OF COVERED AGREEMENTS. 
Subsection (c) of section 314 of title 31, United States 
Code is amended— 
(1) by designating paragraphs (1) and (2) as 
paragraphs (2) and (3), respectively; and 
(2) by inserting before paragraph (2), as so re-
designated, the following new paragraph: 
‘‘(1) the Secretary of the Treasury and the 
United States Trade Representative have caused to be 
published in the Federal Register, and made available 
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for public comment for a period of not fewer than 30 
days and not greater than 90 days (which period 
may run concurrently with the 90-day period for the 
covered agreement referred to in paragraph (3)), the 
proposed text of the covered agreement;’’. 
TITLE XII—TECHNICAL 
CORRECTIONS 
SEC. 1201. TABLE OF CONTENTS; DEFINITIONAL CORREC-
TIONS. 
(a) TABLE OF CONTENTS.—The table of contents for 
the Dodd-Frank Wall Street Reform and Consumer Protec-
tion Act (Public Law 111–203; 124 Stat. 1376) is amended 
by striking the items relating to section 407 through 414 
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 registra-
tion of investment advisers. 
‘‘Sec. 411. Custody of client assets. 
‘‘Sec. 414. Rule of construction relating to the Commodity Exchange Act. 
‘‘Sec. 418. Qualified client standard. 
‘‘Sec. 419. Transition period.’’. 
(b) DEFINITIONS.—Section 2 of the Dodd-Frank Wall 
Street Reform and Consumer Protection Act (12 U.S.C. 
5301) is amended— 
(1) in paragraph (1)— 
(A) by striking ‘‘section 3’’ and inserting 
‘‘section 3(w)’’; and 
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(B) by striking ‘‘(12 U.S.C. 1813)’’ and in-
serting ‘‘(12 U.S.C. 1813(w))’’; 
(2) in paragraph (6), by striking ‘‘1 et seq.’’ and 
inserting ‘‘1a’’; and 
(3) in paragraph (18)(A)— 
(A) by striking ‘‘ ‘bank holding company’,’’; 
and 
(B) by inserting ‘‘ ‘includes’,’’ before ‘‘ ‘in-
cluding’,’’. 
SEC. 1202. ANTITRUST SAVINGS CLAUSE CORRECTIONS. 
Section 6 of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act (12 U.S.C. 5303) is amended, in 
the second sentence— 
(1) by inserting ‘‘(15 U.S.C. 12(a))’’ after ‘‘Clay-
ton Act’’; and 
(2) by striking ‘‘Act, to’’ and inserting ‘‘Act (15 
U.S.C. 45) to’’. 
SEC. 1203. TITLE I CORRECTIONS. 
Title I of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act (12 U.S.C. 5311 et seq.) is amend-
ed— 
(1) in section 102(a)(6) (12 U.S.C. 5311(a)(6)), 
by inserting ‘‘(12 U.S.C. 1843(k))’’ after ‘‘of 1956’’ 
each place that term appears; 
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(2) in section 111(c)(3) (12 U.S.C. 5321(c)(3)), 
by striking ‘‘that agency or department head’’ and in-
serting ‘‘the head of that member agency or depart-
ment’’; 
(3) in section 112 (12 U.S.C. 5322)— 
(A) in subsection (a)(2)— 
(i) in subparagraph (C) (as redesig-
nated by section 151)— 
(I) by striking ‘‘to monitor’’ and 
inserting ‘‘monitor’’; and 
(II) by striking ‘‘to advise’’ and 
inserting ‘‘advise’’; 
(ii) in subparagraph (H) (as redesig-
nated by section 151), by striking ‘‘may’’; 
and 
(B) in subsection (d)(5), by striking ‘‘sub-
section and subtitle B’’ each place such term ap-
pears and inserting ‘‘subtitle’’; and 
(4) 
in 
section 
171(b)(4)(D) 
(12 
U.S.C. 
5371(b)(4)(D)), by adding a period at the end. 
SEC. 1204. TITLE III CORRECTIONS. 
(a) IN GENERAL.—Title III of the Dodd-Frank Wall 
Street Reform and Consumer Protection Act (12 U.S.C. 
5401 et seq.) is amended— 
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(1) in section 327(b)(5) (12 U.S.C. 5437(b)(5)), 
by striking ‘‘in’’ and inserting ‘‘into’’; 
(2) in section 333(b)(2) (124 Stat. 1539), by in-
serting ‘‘the second place that term appears’’ before 
‘‘and inserting’’; and 
(3) in section 369(5) (124 Stat. 1559)— 
(A) in subparagraph (D)(i)— 
(i) in subclause (III), by redesignating 
items (aa), (bb), and (cc) as subitems (AA), 
(BB), and (CC), respectively, and adjusting 
the margins accordingly; 
(ii) in subclause (IV), redesignating 
items (aa) and (bb) as subitems (AA) and 
(BB), respectively, and adjusting the mar-
gins accordingly; 
(iii) in subclause (V), by redesignating 
items (aa), (bb), and (cc) as subitems (AA), 
(BB), and (CC), respectively, and adjusting 
the margins accordingly; and 
(iv) by redesignating subclauses (III), 
(IV), and (V) as items (bb), (cc), and (dd), 
respectively, and adjusting the margins ac-
cordingly; 
(B) in subparagraph (F)— 
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546 
(i) in clause (ii), by adding ‘‘and’’ at 
the end; 
(ii) in clause (iii), by striking ‘‘; and’’ 
and inserting a period; and 
(iii) by striking clause (iv); and 
(C) in subparagraph (G)(i), by inserting 
‘‘each place such term appears’’ before ‘‘and in-
serting’’. 
(b) EFFECTIVE DATES.— 
(1) SECTION 333.—The amendment made by sub-
section (a)(2) of this section shall take effect as though 
enacted as part of subtitle C of title III of the Dodd- 
Frank Wall Street Reform and Consumer Protection 
Act (124 Stat. 1538). 
(2) SECTION
369.—The amendments made by 
subsection (a)(3) of this section shall take effect as 
though enacted as part of subtitle E of title III of the 
Dodd-Frank Wall Street Reform and Consumer Pro-
tection Act (124 Stat. 1546). 
SEC. 1205. TITLE IV CORRECTION. 
Section 414 of the Dodd-Frank Wall Street Reform 
and Consumer Protection Act (124 Stat. 1578) is amended 
in the section heading by striking ‘‘COMMODITIES’’ and 
inserting ‘‘COMMODITY’’. 
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547 
SEC. 1206. TITLE VI CORRECTIONS. 
(a) IN GENERAL.—Section 610 of the Dodd-Frank 
Wall Street Reform and Consumer Protection Act (124 
Stat. 1596) is amended— 
(1) by striking subsection (b); and 
(2) by redesignating subsection (c) as subsection 
(b). 
(b) EFFECTIVE DATE.—The amendments made by sub-
section (a) of this section shall take effect as though enacted 
as part of section 610 of the Dodd-Frank Wall Street Re-
form and Consumer Protection Act (124 Stat. 1611). 
SEC. 1207. TITLE VII CORRECTIONS. 
(a) IN GENERAL.—Title VII of the Dodd-Frank Wall 
Street Reform and Consumer Protection Act (15 U.S.C. 
8301 et seq.) is amended— 
(1) 
in 
section 
719(c)(1)(B) 
(15 
U.S.C. 
8307(c)(1)(B)), by adding a period at the end; 
(2) in section 723(a)(1)(B) (124 Stat. 1675), by 
inserting ‘‘, as added by section 107 of the Com-
modity Futures Modernization Act of 2000 (Appendix 
E of Public Law 106–554; 114 Stat. 2763A–382),’’ 
after ‘‘subsection (i)’’; 
(3) in section 734(b)(1) (124 Stat. 1718), by 
striking ‘‘is amended’’ and all that follows through 
‘‘(B) in’’ and inserting ‘‘is amended in’’; 
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(4) in section 741(b)(10) (124 Stat. 1732), by 
striking ‘‘1a(19)(A)(iv)(II)’’ each place it appears 
and inserting ‘‘1a(18)(A)(iv)(II)’’; and 
(5) in section 749 (124 Stat. 1746)— 
(A) in subsection (a)(2), by striking ‘‘add-
ing at the end’’ and inserting ‘‘inserting after 
subsection (f)’’; and 
(B) in subsection (h)(1)(B), by inserting 
‘‘the second place that term appears’’ before the 
semicolon. 
(b) EFFECTIVE DATE.—The amendments made by 
paragraphs (3), (4), and (5) of subsection (a) of this section 
shall take effect as though enacted as part of part II of sub-
title A of title VII of the Dodd-Frank Wall Street Reform 
and Consumer Protection Act (124 Stat. 1658). 
SEC. 1208. TITLE IX CORRECTIONS. 
Section 939(h)(1) of the Dodd-Frank Wall Street Re-
form and Consumer Protection Act (124 Stat. 1887) is 
amended— 
(1) in the matter preceding subparagraph (A), 
by inserting ‘‘The’’ before ‘‘Commission’’; and 
(2) by striking ‘‘feasability’’ and inserting ‘‘fea-
sibility’’. 
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SEC. 1209. TITLE X CORRECTIONS. 
(a) IN GENERAL.—Title X of the Dodd-Frank Wall 
Street Reform and Consumer Protection Act (12 U.S.C. 
5481 et seq.) is amended— 
(1) 
in 
section 
1002(12)(G) 
(12 
U.S.C. 
5481(12)(G)), by striking ‘‘Home Owners’’ and in-
serting ‘‘Homeowners’’; 
(2) 
in 
section 
1013(a)(1)(C) 
(12 
U.S.C. 
5493(a)(1)(C)), by striking ‘‘section 11(1)’’ and in-
serting ‘‘subsection (l) of section 11’’; 
(3) in section 1017(a)(2) (as so redesignated by 
section 713) (12 U.S.C. 5497(a)(5))— 
(A) in subparagraph (A), in the last sen-
tence by striking ‘‘716(c) of title 31, United 
States Code’’ and inserting ‘‘716 of title 31, 
United States Code’’; and 
(B) in subparagraph (C), by striking ‘‘sec-
tion 3709 of the Revised Statutes of the United 
States (41 U.S.C. 5)’’ and inserting ‘‘section 
6101 of title 41, United States Code’’; 
(4) 
in 
section 
1027(d)(1)(B) 
(12 
U.S.C. 
5517(d)(1)(B)), by inserting a comma after ‘‘(A)’’; 
(5) in section 1029(d) (12 U.S.C. 5519(d)), by 
striking the period after ‘‘Commission Act’’; 
(6) 
in 
section 
1061(b)(7) 
(12 
U.S.C. 
5581(b)(7))— 
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(A) by striking ‘‘Secretary of the Depart-
ment of Housing and Urban Development’’ each 
place that term appears and inserting ‘‘Depart-
ment of Housing and Urban Development’’; and 
(B) in subparagraph (A), by striking ‘‘(12 
U.S.C. 5102 et seq.)’’ and inserting ‘‘(12 U.S.C. 
5101 et seq.)’’; 
(7) in section 1063 (12 U.S.C. 5583)— 
(A) in subsection (f)(1)(B), by striking 
‘‘that’’; and 
(B) in subsection (g)(1)(A)— 
(i) by striking ‘‘(12 U.S.C. 5102 et 
seq.)’’ and inserting ‘‘(12 U.S.C. 5101 et 
seq.)’’; and 
(ii) by striking ‘‘seq)’’ and inserting 
‘‘seq.)’’; 
(8) in section 1064(i)(1)(A)(iii) (12 U.S.C. 
5584(i)(1)(A)(iii)), by inserting a period before ‘‘If 
an’’; 
(9) 
in 
section 
1073(c)(2) 
(12 
U.S.C. 
5601(c)(2))— 
(A) in the paragraph heading, by inserting 
‘‘AND EDUCATION’’ after ‘‘FINANCIAL LITERACY’’; 
and 
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551 
(B) by striking ‘‘its duties’’ and inserting 
‘‘their duties’’; 
(10) 
in 
section 
1076(b)(1) 
(12 
U.S.C. 
5602(b)(1)), by inserting before the period at the end 
the following: ‘‘, the Agency may, after notice and op-
portunity for comment, prescribe regulations’’; 
(11) in section 1077(b)(4)(F) (124 Stat. 2076), 
by striking ‘‘associates’’ and inserting ‘‘associate’s’’; 
(12) in section 1084(1) (124 Stat. 2081), by in-
serting a comma after ‘‘2009)’’; 
(13) in section 1089 (124 Stat. 2092)— 
(A) in paragraph (3)— 
(i) in subparagraph (A), by striking 
‘‘and’’ at the end; and 
(ii) in subparagraph (B)(vi), by strik-
ing the period at the end and inserting ‘‘; 
and’’; and 
(B) by redesignating paragraph (4) as sub-
paragraph (C) and adjusting the margins ac-
cordingly; and 
(14) in section 1098(6) (124 Stat. 2104), by in-
serting ‘‘the first place that term appears’’ before 
‘‘and’’. 
(b) EFFECTIVE DATE.—The amendments made by 
paragraphs (11), (12), (13), (14), and (15) of subsection 
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(a) shall take effect as though enacted as part of subtitle 
H of title X of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act (124 Stat. 2080). 
SEC. 1210. TITLE XII CORRECTION. 
Title XII of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act (124 Stat. 2129) is amended, in 
section 1208(b) (12 U.S.C. 5626(b)), by inserting ‘‘, as de-
fined in section 103(10) of the Riegle Community Develop-
ment and Regulatory Improvement Act of 1994 (12 U.S.C. 
4702(10)),’’ after ‘‘appropriated to the Fund’’. 
SEC. 1211. TITLE XIV CORRECTION. 
Title XIV of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act (124 Stat. 2136) is amended, in 
section 1451(c) (12 U.S.C. 1701x–1(c)), by striking ‘‘pursu-
ant’’. 
SEC. 1212. TECHNICAL CORRECTIONS TO OTHER STATUTES. 
(a) ALTERNATIVE MORTGAGE TRANSACTION PARITY 
ACT OF 1982.—The Alternative Mortgage Transaction Par-
ity Act of 1982 (12 U.S.C. 3801 et seq.) is amended— 
(1) in section 802(a)(3) (12 U.S.C. 3801(a)(3)), 
by striking ‘‘the Director of the Office of Thrift Super-
vision’’ and inserting ‘‘the Consumer Law Enforce-
ment Agency’’; 
(2) in section 804 (12 U.S.C. 3803)— 
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(3) in section 10 (12 U.S.C. 1467a)— 
(A) in subsection (b)(6), by striking ‘‘time’’ 
and all that follows through ‘‘release’’ and insert-
ing ‘‘time, upon the motion or application of the 
Board, release’’; 
(B) in subsection (c)(2)(H)— 
(i) in the matter preceding clause (i)— 
(I) by striking ‘‘1841(p))’’ and in-
serting ‘‘1841(p)))’’; and 
(II) by inserting ‘‘(12 U.S.C. 
1843(k))’’ before ‘‘if—’’; and 
(ii) in clause (i), by inserting ‘‘of 1956 
(12 U.S.C. 1843(l) and (m))’’ after ‘‘Com-
pany Act’’; and 
(C) in subsection (e)(7)(B)(iii)— 
(i) by striking ‘‘Board of the Office of 
Thrift Supervision’’ and inserting ‘‘Director 
of the Office of Thrift Supervision’’; and 
(ii) by inserting ‘‘, as defined in sec-
tion 2 of the Dodd-Frank Wall Street Re-
form and Consumer Protection Act (12 
U.S.C. 5301)’’ after ‘‘transfer date’’; and 
(4) in section 13 (12 U.S.C. 1468b), by striking 
‘‘the a’’ and inserting ‘‘a’’. 
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(z) HOUSING ACT OF 1948.—Section 502(c)(3) of the 
Housing Act of 1948 (12 U.S.C. 1701c(c)(3)) is amended 
by striking ‘‘Federal Home Loan Bank Agency’’ and insert-
ing ‘‘Federal Housing Finance Agency’’. 
(aa) HOUSING AND URBAN DEVELOPMENT ACT OF 
1968.—Section 106(h)(5) of the Housing and Urban Devel-
opment Act of 1968 (12 U.S.C. 1701x(h)(5)) is amended 
by striking ‘‘authorised’’ and inserting ‘‘authorized’’. 
(bb) INTERNATIONAL BANKING ACT OF 1978.—Section 
15 of the International Banking Act of 1978 (12 U.S.C. 
3109) is amended— 
(1) in each of subsections (a) and (b)— 
(A) by striking ‘‘, and Director of the Office 
of Thrift Supervision’’ each place that term ap-
pears; and 
(B) by inserting ‘‘and’’ before ‘‘Federal De-
posit’’ each place that term appears; 
(2) in subsection (a), by striking ‘‘Comptroller, 
Corporation, or Director’’ and inserting ‘‘Comptroller 
of the Currency, or Corporation’’; and 
(3) in subsection (c)(4)— 
(A) by inserting ‘‘and’’ before ‘‘the Federal 
Deposit’’; and 
(B) by striking ‘‘, and the Director of the 
Office of Thrift Supervision’’. 
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4309(a)(2)), and 274(6) (12 U.S.C. 4313(6)), by striking 
‘‘Administration Bureau’’ each place that term appears 
and inserting ‘‘Administration Board’’. 
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