Title 12 — Banks and BankingRelease 119-73not60
§5369 Avoiding Duplication
Title 12 › Chapter 53— WALL STREET REFORM AND CONSUMER PROTECTION › Subchapter I— FINANCIAL STABILITY › Part C— Additional Board of Governors Authority for Certain Nonbank Financial Companies and Bank Holding Companies › § 5369
Summary
The Board of Governors must do whatever it thinks is needed to prevent rules under this part from repeating rules that already apply to bank holding companies and nonbank financial companies under other laws.
Full Legal Text
Title 12, §5369
Banks and Banking — Source: USLM XML via OLRC
The Board of Governors shall take any action that the Board of Governors deems appropriate to avoid imposing requirements under this part that are duplicative of requirements applicable to bank holding companies and nonbank financial companies under other provisions of law.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
This part, referred to in text, was in the original “this subtitle”, meaning subtitle C (§§ 161–176) of title I of Pub. L. 111–203, July 21, 2010, 124 Stat. 1420, which is classified principally to this part. For complete classification of subtitle C to the Code, see Tables.
Reference
Citations & Metadata
Citation
12 U.S.C. § 5369
Title 12 — Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60