---
kind: "section"
citation: "12 C.F.R. § 1090.100"
title: "12"
number: "1090.100"
heading: "Scope and purpose."
url: "https://uscodex.org/cfr/12/1090.100"
---

# §1090.100. Scope and purpose.


This part defines those nonbank covered persons that qualify as larger participants of certain markets for consumer financial products or services pursuant to 12 U.S.C. [5514(a)(1)(B)](/usc/12/5514.md?p=a-1-B) and [(a)(2)](/usc/12/5514.md?p=a-a-2). A larger participant of a market covered by this part is subject to the supervisory authority of the Bureau under [12 U.S.C. 5514](/usc/12/5514.md). This part also establishes rules to facilitate the Bureau's supervision of such larger participants pursuant to [12 U.S.C. 5514(b)(7)](/usc/12/5514.md?p=b-7).


## Notes

### Authority

Authority: 12 U.S.C. 5514(a)(1)(B); 12 U.S.C. 5514(a)(2); 12 U.S.C. 5514(b)(7)(A); and 12 U.S.C. 5512(b)(1).

### Source

Source: 77 FR 42898, July 20, 2012, unless otherwise noted.