LegalFix
Sign In

§ 39.41 - Special enforcement authority for systemically important derivatives clearing organizations.

Copy with citation
Copy as parenthetical citation

For purposes of enforcing the provisions of Title VIII of the Dodd-Frank Act, a systemically important derivatives clearing organization shall be subject to, and the Commission has authority under the provisions of subsections (b) through (n) of section 8 of the Federal Deposit Insurance Act (12 U.S.C. 1818) in the same manner and to the same extent as if the systemically important derivatives clearing organization were an insured depository institution and the Commission were the appropriate Federal banking agency for such insured depository institution.

Previous Section
§ 39.40 - Consistency with the Principles for Financial Market Infrastructures.
Next Section
§ 39.42 - Advance notice of material risk-related rule changes by systemically important derivatives clearing organizations.