The New Regulatory Regime for Savings and Loan Holding Companies


The Board of Governors of the Federal Reserve System (Federal Reserve) on August 12, 2011 issued an interim final rule (Rule) setting forth regulations governing savings and loan holding companies (SLHCs). The Rule was adopted pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), which transferred responsibility for the supervision and regulation of SLHCs from the Office of Thrift Supervision (OTS) to the Federal Reserve effective July 21, 2011.

The Rule has three components: (i) new regulations governing SLHCs organized in stock form, (ii) new regulations governing SLHCs organized in mutual form, and (iii) various technical amendments to current Federal Reserve regulations necessary to accommodate the transfer of supervisory authority over SLHCs to the Federal Reserve.

Please see full alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Dechert LLP | Attorney Advertising

Written by:


Dechert LLP on:

Popular Topics
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.