Title 12, Banks and BankingRelease 119-110
§3208 Powers Available to Attorney General for Enforcement
Title 12 › CHAPTER 33 — DEPOSITORY INSTITUTION MANAGEMENT INTERLOCKS › § 3208
Summary
The Attorney General can use all the powers from the Clayton Act to carry out enforcement under section 3206(6). Those powers apply even if the Clayton Act’s usual jurisdiction rules would not. The Attorney General, or the Assistant Attorney General who runs the Antitrust Division, can also use their antitrust powers to investigate possible violations under section 3206(6) as if they were Clayton Act violations.
Full Legal Text
Title 12, §3208
Banks and Banking, Source: USLM XML via OLRC
(a)For the purpose of the exercise by the Attorney General of the enforcement functions of the Attorney General under section 3206(6) of this title, all of the functions and powers of the Attorney General under the Clayton Act [15 U.S.C. 12 et seq.] are available to the Attorney General, irrespective of any jurisdictional tests in the Clayton Act, including the power to take enforcement actions in the same manner as if the violation had been a violation of the Clayton Act.
(b)All of the functions and powers of the Attorney General or the Assistant Attorney General in charge of the Antitrust Division of the Department of Justice are available to the Attorney General or to such Assistant Attorney General to investigate possible violations under section 3206(6) 1 of this title in the same manner as if such possible violations were possible violations of the Clayton Act [15 U.S.C. 12 et seq.].
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
section 3206(6) of this title, referred to in text, was redesignated section 3206(5) by Pub. L. 111–203, title III, § 360(1)(E), July 21, 2010, 124 Stat. 1549. The Clayton Act, referred to in text, is act Oct. 15, 1914, ch. 323, 38 Stat. 730, which is classified generally to section 12, 13, 14 to 19, 21, and 22 to 27 of Title 15, Commerce and Trade, and section 52 and 53 of Title 29, Labor. For further details and complete classification of this Act to the Code, see
References in Text
note set out under section 12 of Title 15 and Tables.
Amendments
2010—Subsec. (a). Pub. L. 111–203 substituted “the
Enforcement
functions of the Attorney General” for “his
Enforcement
functions”.
Statutory Notes and Related Subsidiaries
Effective Date
of 2010 AmendmentAmendment by Pub. L. 111–203 effective on the transfer date, see section 351 of Pub. L. 111–203, set out as a note under section 906 of Title 2, The Congress.
Reference
Citations & Metadata
Citation
12 U.S.C. § 3208
Title 12, Banks and Banking
Last Updated
Sep 23, 2026
Release point: 119-110