111TH CONGRESS 
1ST SESSION H. R. 4173 
AN ACT 
To provide for financial regulatory reform, to protect con-
sumers and investors, to enhance Federal understanding 
of insurance issues, to regulate the over-the-counter de-
rivatives markets, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Wall Street Reform 
and Consumer Protection Act of 2009’’. 
SEC. 2. TABLE OF CONTENTS. 
The table of contents for this Act is as follows: 
Sec. 1. Short title. 
Sec. 2. Table of contents. 
TITLE I—FINANCIAL STABILITY IMPROVEMENT ACT 
Sec. 1000. Short title; definitions. 
Sec. 1000A. Restrictions on the Federal Reserve System pending audit report. 
Subtitle A—The Financial Services Oversight Council 
Sec. 1001. Financial Services Oversight Council established. 
Sec. 1002. Resolution of disputes among Federal financial regulatory agencies. 
Sec. 1003. Technical and professional advisory committees. 
Sec. 1004. Financial Services Oversight Council meetings and council govern-
ance. 
Sec. 1005. Council staff and funding. 
Sec. 1006. Reports to the Congress. 
Sec. 1007. Applicability of certain Federal laws. 
Sec. 1008. Oversight by GAO. 
Subtitle B—Prudential Regulation of Companies and Activities for Financial 
Stability Purposes 
Sec. 1100. Federal Reserve Board authority that of agent acting on behalf of 
Council. 
Sec. 1101. Council and Board authority to obtain information. 
Sec. 1102. Council prudential regulation recommendations to Federal financial 
regulatory agencies; agency authority. 
Sec. 1103. Subjecting financial companies to stricter prudential standards for 
financial stability purposes. 
Sec. 1104. Stricter prudential standards for certain financial holding companies 
for financial stability purposes. 
Sec. 1105. Mitigation of systemic risk. 
Sec. 1106. Subjecting activities or practices to stricter prudential standards for 
financial stability purposes. 
Sec. 1107. Stricter regulation of activities and practices for financial stability 
purposes. 
Sec. 1108. Effect of rescission of identification. 
Sec. 1109. Emergency financial stabilization. 
Sec. 1110. Additional related amendments. 
Sec. 1111. Corporation may receive warrants when paying or risking taxpayer 
funds. 
Sec. 1112. Examinations and enforcement actions for insurance and resolutions 
purposes. 
Sec. 1113. Study of the effects of size and complexity of financial institutions 
on capital market efficiency and economic growth.
Sec. 1114. Exercise of Federal Reserve authority. 
Sec. 1115. Stress tests. 
Sec. 1116. Contingent Capital. 
Sec. 1117. Restriction on proprietary trading by designated financial holding 
companies. 
Sec. 1118. Rule of construction. 
Sec. 1119. Antitrust savings clause. 
Subtitle C—Improvements to Supervision and Regulation of Federal 
Depository Institutions 
Sec. 1201. Definitions. 
Sec. 1202. Amendments to the Home Owners’ Loan Act relating to transfer of 
functions. 
Sec. 1203. Amendments to the revised statutes. 
Sec. 1204. Power and duties transferred. 
Sec. 1205. Transfer date. 
Sec. 1206. Expiration of term of comptroller. 
Sec. 1207. Office of Thrift Supervision abolished. 
Sec. 1208. Savings provisions. 
Sec. 1209. Regulations and orders. 
Sec. 1210. Coordination of transition activities. 
Sec. 1211. Interim responsibilities of office of the comptroller of the currency 
and office of thrift supervision. 
Sec. 1212. Employees transferred. 
Sec. 1213. Property transferred. 
Sec. 1214. Funds transferred. 
Sec. 1215. Disposition of affairs. 
Sec. 1216. Continuation of services. 
Sec. 1217. Contracting and leasing authority. 
Sec. 1218. Treatment of savings and loan holding companies. 
Sec. 1219. Practices of certain mutual thrift holding companies preserved. 
Sec. 1220. Implementation plan and reports. 
Sec. 1221. Composition of board of directors of the Federal Deposit Insurance 
Corporation. 
Sec. 1222. Amendments to section 3. 
Sec. 1223. Amendments to section 7. 
Sec. 1224. Amendments to section 8. 
Sec. 1225. Amendments to section 11. 
Sec. 1226. Amendments to section 13. 
Sec. 1227. Amendments to section 18. 
Sec. 1228. Amendments to section 28. 
Sec. 1229. Amendments to the Alternative Mortgage Transaction Parity Act of 
1982. 
Sec. 1230. Amendments to the Bank Holding Company Act of 1956. 
Sec. 1231. Amendments to the Bank Protection Act of 1968. 
Sec. 1232. Amendments to the Bank Service Company Act. 
Sec. 1233. Amendments to the Community Reinvestment Act of 1977. 
Sec. 1234. Amendments to the Depository Institution Management Interlocks 
Act. 
Sec. 1235. Amendments to the Emergency Homeowners’ Relief Act. 
Sec. 1236. Amendments to the Equal Credit Opportunity Act. 
Sec. 1237. Amendments to the Federal Credit Union Act. 
Sec. 1238. Amendments to the Federal Financial Institutions Examination 
Council Act of 1978.
Sec. 1239. Amendments to the Federal Home Loan Bank Act. 
Sec. 1240. Amendments to the Federal Reserve Act. 
Sec. 1241. Amendments to the Financial Institutions Reform, Recovery, and 
Enforcement Act of 1989. 
Sec. 1242. Amendments to the Housing Act of 1948. 
Sec. 1243. Amendments to the Housing and Community Development Act of 
1992 and the Federal Housing Enterprises Financial Safety 
and Soundness Act of 1992. 
Sec. 1244. Amendment to the Housing and Urban-Rural Recovery Act of 1983. 
Sec. 1245. Amendments to the National Housing Act. 
Sec. 1246. Amendments to the Right to Financial Privacy Act of 1978. 
Sec. 1247. Amendments to the Balanced Budget and Emergency Deficit Con-
trol Act of 1985. 
Sec. 1248. Amendments to the Crime Control Act of 1990. 
Sec. 1249. Amendment to the Flood Disaster Protection Act of 1973. 
Sec. 1250. Amendment to the Investment Company Act of 1940. 
Sec. 1251. Amendment to the Neighborhood Reinvestment Corporation Act. 
Sec. 1252. Amendments to the Securities Exchange Act of 1934. 
Sec. 1253. Amendments to title 18, United States Code. 
Sec. 1254. Amendments to title 31, United States Code. 
Sec. 1255. Requirement for Countercyclical Capital Requirements. 
Sec. 1256. Transfer of authority to the Board with respect to savings and loan 
holding companies. 
Sec. 1257. Effective date. 
Subtitle D—Further Improvements to the Regulation of Bank Holding 
Companies and Depository Institutions 
Sec. 1301. Treatment of industrial loan companies, savings associations, and 
certain other companies under the bank holding company act. 
Sec. 1302. Registration of certain companies as bank holding companies. 
Sec. 1303. Reports and examinations of bank holding companies; regulation of 
functionally regulated subsidiaries. 
Sec. 1304. Requirements for financial holding companies to remain well capital-
ized and well managed. 
Sec. 1305. Standards for interstate acquisitions. 
Sec. 1306. Enhancing existing restrictions on bank transactions with affiliates. 
Sec. 1307. Eliminating exceptions for transactions with financial subsidiaries. 
Sec. 1308. Lending limits applicable to credit exposure on derivative trans-
actions, repurchase agreements, reverse repurchase agree-
ments, and securities lending and borrowing transactions. 
Sec. 1309. Restriction on conversions of troubled banks and thrifts. 
Sec. 1310. Lending limits to insiders. 
Sec. 1311. Limitations on purchases of assets from insiders. 
Sec. 1312. Rules regarding capital levels of bank holding companies. 
Sec. 1313. Enhancements to factors to be considered in certain acquisitions. 
Sec. 1314. Elimination of elective investment bank holding company frame-
work. 
Sec. 1315. Examination fees for large bank holding companies. 
Sec. 1316. Mutual national banks and Federal mutual bank holding companies 
authorized. 
Sec. 1317.
Nationwide Deposit Cap for Interstate Acquisitions. 
Sec. 1318. De novo branching into states. 
Subtitle E—Improvements to the Federal Deposit Insurance Fund