Treasury Department Proposed Rule

2017-28073: Qualified Financial Contracts Recordkeeping Related to Orderly Liquidation Authority

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Summary

The Secretary of the Treasury (the "Secretary"), as Chairperson of the Financial Stability Oversight Council, is proposing, in consultation with the Federal Deposit Insurance Corporation (the "FDIC"), an amendment to the regulation implementing the qualified financial contract ("QFC") recordkeeping requirements of the Dodd- Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act" or the "Act") that would extend the compliance dates of the regulation.

The agency’s own summary, as published.

What this changes

Amends 1 part of the Code of Federal Regulations — the standing rules this notice rewrites.

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