S 2839 Eliminating Corporate Shadow Banking Act of 2019
US Congress 116th Congress
Eliminating Corporate Shadow Banking Act of 2019
S.2839
About S.2839
Provides for the regulation of industrial loan companies by the Federal Reserve. Industrial loan companies must comply with specified reporting, examination, and ownership requirements. (Industrial loan companies may generally provide services similar to depository institutions, but their parent holding company may be a nonfinancial, commercial firm.)
Bill Texts
Introduced 11/18/2019
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