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FRS RIN: 7100-AE18 Publication ID: Spring 2015 
Title: Regulation XX--Concentration Limits on Large Financial Companies (Docket No: R-1489) 
Abstract:

Proposed rulemaking (NPR) that would implement section 622 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which adds a new section 14 to the Bank Holding Company Act of 1956, that establishes a financial sector concentration limit that generally prohibits a financial company from merging or consolidating with, or acquiring, another company if the resulting company's liabilities upon consummation would exceed 10 percent of the aggregate liabilities of all financial companies as calculated under that section. In addition, the proposal would establish reporting requirements for certain financial companies which are necessary to implement section 622.

 
Agency: Federal Reserve System(FRS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 225   
Legal Authority: 12 U.S.C. 1852   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Board Requested Comments  05/15/2014  79 FR 27801   
Board Adopted Final Rule  11/14/2014  79 FR 68095   
Final Rule Effective  01/01/2015 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Christine Graham
Counsel
Federal Reserve System
Legal Division,
Washington, DC 20551
Phone:202 452-3005

Dean Amel
Senior Economist
Federal Reserve System
Research and Statistics Division,
Phone:202 452-2911

Sean Healey
Senior Financial Analyst
Federal Reserve System
Banking Supervision & Regulation Division,
Phone:202 912-4611

Laurie Schaffer
Deputy General Counsel
Federal Reserve System
Legal Division,
Washington, DC 20551
Phone:202 452-2272