Title 12 — Banks and BankingRelease 119-73not60

§1831l Coordination of Risk Analysis Between Sec and Federal Banking Agencies

Title 12 › Chapter 16— FEDERAL DEPOSIT INSURANCE CORPORATION › § 1831l

Last updated Apr 3, 2026|Official source

Summary

Any federal banking agency must tell the Securities and Exchange Commission when it has concerns about major financial or operational risks to a registered broker or dealer — including municipal or government securities brokers and dealers — for which the SEC is the regulator. This notification is required when those risks come from the actions of an insured bank, a holding company that owns such a bank, or a related company, and the broker or dealer is an affiliate of that bank, holding company, or related company.

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 3, 2026

Release point: 119-73not60