124 STAT. 1619 PUBLIC LAW 111–203—JULY 21, 2010 of the requirements of this paragraph that a supervised securities holding company or an affiliate of a supervised securities holding company has been required to provide to another regulatory agency or a self-regulatory organiza- tion. (B) AVAILABILITY.—A supervised securities holding company or an affiliate of a supervised securities holding company shall promptly provide to the Board of Governors, at the request of the Board of Governors, any report described in subparagraph (A), as permitted by law. (3) EXAMINATION AUTHORITY.— (A) FOCUS OF EXAMINATION AUTHORITY.—The Board of Governors may make examinations of any supervised securities holding company and any affiliate of a supervised securities holding company to carry out this subsection, to prevent evasions thereof, and to monitor compliance by the supervised securities holding company or affiliate with applicable provisions of law. (B) DEFERENCE TO OTHER EXAMINATIONS.—For pur- poses of this subparagraph, the Board of Governors shall, to the fullest extent possible, use the reports of examination made by other appropriate Federal or State regulatory authorities with respect to any functionally regulated sub- sidiary or any institution described in subparagraph (D), (F), or (H) of section 2(c)(2) of the Bank Holding Company Act of 1956 (12 U.S.C. 1841(c)(2)). (d) CAPITAL AND RISK MANAGEMENT.— (1) IN GENERAL.—The Board of Governors shall, by regula- tion or order, prescribe capital adequacy and other risk manage- ment standards for supervised securities holding companies that are appropriate to protect the safety and soundness of the supervised securities holding companies and address the risks posed to financial stability by supervised securities holding companies. (2) DIFFERENTIATION.—In imposing standards under this subsection, the Board of Governors may differentiate among supervised securities holding companies on an individual basis, or by category, taking into consideration the requirements under paragraph (3). (3) CONTENT.—Any standards imposed on a supervised securities holding company under this subsection shall take into account— (A) the differences among types of business activities carried out by the supervised securities holding company; (B) the amount and nature of the financial assets of the supervised securities holding company; (C) the amount and nature of the liabilities of the supervised securities holding company, including the degree of reliance on short-term funding; (D) the extent and nature of the off-balance sheet exposures of the supervised securities holding company; (E) the extent and nature of the transactions and rela- tionships of the supervised securities holding company with other financial companies; (F) the importance of the supervised securities holding company as a source of credit for households, businesses, Regulations.
