Regulations - Regulations Regulatory Reform See TABLE 2-7...

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Regulations / Regulatory Reform See TABLE 2-7 for complete list of major bank legislation. In July 2010, historic and sweeping financial legislation was passed (Dodd–Frank Wall Street Reform and Consumer Protection Act). Reform was needed to protect the global economies from crisis triggered by risky investments in U.S. home loans. During the semester, pieces of the legislation will begin to be detailed and implemented. 1
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Regulators and Regulations The U.S. has a dual-banking system with national and state banks. A bank’s charter class determines the agencies that supervise it. Banks chartered by the federal government are ‘national banks’ and are supervised by the OCC. Banks chartered by a state are ‘state banks’ and are supervised by their State Bank regulator, AND… …the Fed if it elects Federal Reserve membership (state member banks). …the FDIC if it does not elect Federal Reserve membership (state non-member banks).
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  • Spring '12
  • PatriciaRobertson
  • Cooperative banking, National Credit Union Administration, National Credit Union Share Insurance Fund, Savings Institutions

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