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FSOC RIN: 4030-AA00 Publication ID: Spring 2011 
Title: ●Authority To Require Supervision and Regulation of Certain Nonbank Financial Companies 
Abstract: Section 113 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the DFA) (Pub. L. 111-203) provides the Financial Stability Oversight Council (the Council) the authority to require that a nonbank financial company be supervised by the Board of Governors of the Federal Reserve System (Board of Governors) and be subject to prudential standards in accordance with title I of the DFA if the Council determines that material financial distress at such a firm, or the nature, scope, size, scale, concentration, interconnectedness, or mix of the activities of the firm, could pose a threat to the financial stability of the United States. The rule describes the criteria that will inform, and the processes and procedures that will guide, the Council's designation of nonbank financial companies under the DFA. 
Agency: Financial Stability Oversight Council(FSOC)  Priority: Other Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 1310   
Legal Authority: PL 111-203   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  10/06/2010  75 FR 61653   
ANPRM Comment Period End  11/06/2010    
NPRM  01/26/2011  76 FR 4555   
NPRM Comment Period End  02/25/2011    
Final Rule  06/00/2011    
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:
Lance Auer
Policy Advisor
Financial Stability Oversight Council
Department of Treasury,
Washington, DC 20220
Phone:202 622-1286