To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to adjust the date on which consolidated assets are determined for purposes of exempting certain instruments of smaller institutions from capital deductions.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to add March 31, 2010, as a date for calculation of total consolidated assets, for purposes of exempting certain debt or equity instruments of smaller financial institutions from capital deductions requirements.
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