US Codex
Bill
Notes

Main Street Regulatory Fairness Act

S. 1139 · 115th Congress · May 16, 2017 · Lineage

A BILL

To amend the Financial Stability Act of 2010 to modify the requirements of stress tests.

Section 1 Short title

This Act may be cited as the “Main Street Regulatory Fairness Act”.

Sec. 2 Enhanced supervision and prudential standards for nonbank financial companies supervised by the Board of Governors and certain bank holding companies

Section 165(i)(2)(A) of the Financial Stability Act of 2010 (12 U.S.C. 5365(i)) is amended—
(1)
in the first sentence, by striking “semiannual” and inserting “periodic”; and
(2)
in the second sentence—
(A)
by striking “$10,000,000,000” and inserting “$50,000,000,000”; and
(B)
by striking “annual” and inserting “periodic”.