82 FR 15630 - Qualified Financial Contracts Recordkeeping Related to Orderly Liquidation Authority

DEPARTMENT OF THE TREASURY

Federal Register Volume 82, Issue 60 (March 30, 2017)

Page Range15630-15630
FR Document2017-06288

On October 31, 2016, the Secretary of the Treasury, as Chairperson of the Financial Stability Oversight Council, published a final rule in consultation with the Federal Deposit Insurance Corporation (the ``FDIC'') to implement the qualified financial contract recordkeeping requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act. This notification provides the means by which records entities and top-tier financial companies may submit the required point of contact information.

Federal Register, Volume 82 Issue 60 (Thursday, March 30, 2017)
[Federal Register Volume 82, Number 60 (Thursday, March 30, 2017)]
[Rules and Regulations]
[Page 15630]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-06288]


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DEPARTMENT OF THE TREASURY

31 CFR Part 148


Qualified Financial Contracts Recordkeeping Related to Orderly 
Liquidation Authority

AGENCY: Department of the Treasury.

ACTION: Notification.

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SUMMARY: On October 31, 2016, the Secretary of the Treasury, as 
Chairperson of the Financial Stability Oversight Council, published a 
final rule in consultation with the Federal Deposit Insurance 
Corporation (the ``FDIC'') to implement the qualified financial 
contract recordkeeping requirements of the Dodd-Frank Wall Street 
Reform and Consumer Protection Act. This notification provides the 
means by which records entities and top-tier financial companies may 
submit the required point of contact information.

DATES: March 30, 2017.

FOR FURTHER INFORMATION CONTACT: Brian Smith, Director, Office of 
Capital Markets (202) 622-0157; Peter Nickoloff, Financial Economist, 
Office of Capital Markets, (202) 622-1692; Steven D. Laughton, 
Assistant General Counsel (Banking & Finance), (202) 622-8413; or 
Stephen T. Milligan, Attorney-Advisor, (202) 622-4051.

SUPPLEMENTARY INFORMATION: Section 148.3(a)(2) of the rule (see 81 FR 
75624 (Oct. 31, 2016)) requires each records entity and top-tier 
financial company to provide a point of contact who is responsible for 
recordkeeping under the rule by written notice to its primary financial 
regulatory agency or agencies and the FDIC.\1\ Each records entity and 
top-tier financial company is also required to provide written notice 
to its primary financial regulatory agency or agencies and the FDIC 
within 30 days of any change in its point of contact.
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    \1\ 31 CFR 148.3(a)(2).
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    Records entities and top-tier financial companies may provide such 
point of contact information to each of the following primary financial 
regulatory agencies by email at the addresses listed below:
Board of Governors of the Federal Reserve System, [email protected]
Commodity Futures Trading Commission, [email protected]
Federal Deposit Insurance Corporation, [email protected]
Securities and Exchange Commission, [email protected]

    Authority: 12 U.S.C. 5390(c)(8)(H).

    Dated: March 27, 2017.
Monique Y.S. Rollins,
Acting Assistant Secretary for Financial Markets.
[FR Doc. 2017-06288 Filed 3-29-17; 8:45 am]
BILLING CODE P


Current View
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionRules and Regulations
ActionNotification.
DatesMarch 30, 2017.
ContactBrian Smith, Director, Office of Capital Markets (202) 622-0157; Peter Nickoloff, Financial Economist, Office of Capital Markets, (202) 622-1692; Steven D. Laughton, Assistant General Counsel (Banking & Finance), (202) 622-8413; or Stephen T. Milligan, Attorney-Advisor, (202) 622-4051.
FR Citation82 FR 15630 

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