Title 12 — Banks and BankingRelease 119-73
§1831l Coordination of risk analysis between SEC and Federal banking agencies
Title 12 › Chapter CHAPTER 16— - FEDERAL DEPOSIT INSURANCE CORPORATION › § 1831l
Summary
Federal banking agencies must tell the Securities and Exchange Commission if they see big financial or operational risks to an SEC‑registered broker or dealer (including municipal or government securities dealers) that come from an insured bank, a depository institution holding company, or their affiliates, when that broker or dealer is affiliated with the bank, holding company, or affiliate.
Full Legal Text
Title 12, §1831l
Banks and Banking — Source: USLM XML via OLRC
Any appropriate Federal banking agency shall notify the Securities and Exchange Commission of any concerns of the agency regarding significant financial or operational risks to any registered broker or dealer, or any registered municipal securities dealer, government securities broker, or government securities dealer for which the Commission is the appropriate regulatory agency (as defined in section 78c of title 15), resulting from the activities of any insured depository institution, any depository institution holding company, or any affiliate of any such institution or company if such broker, dealer, municipal securities dealer, government securities broker, or government securities dealer is an affiliate of any such institution, company, or affiliate.
Reference
Citations & Metadata
Citation
12 U.S.C. § 1831l
Title 12 — Banks and Banking
Last Updated
Apr 6, 2026
Release point: 119-73