In my January 2010 column, I wrote about the financial services regulatory reform bill that had been passed by the U.S. House of Representatives on Dec. 11, 2009.1 The Senate passed its own version of the bill in May 2010, and after House-Senate conference committee sessions in June, the resulting agreed-upon bill was passed by the House June 30 and by the Senate on July 15, 2010. The President signed the bill, now called the Dodd-Frank Wall Street Reform and Consumer Protection Act, on July 21, 2010.2

This month’s column will discuss some of the provisions in Dodd-Frank that could be of interest to non-U.S. banks engaging in business in the United States.

Systemic Risk Oversight

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