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OCC Proposes Rule to Implement Provisions of Dodd-Frank Act

The Office of the Comptroller of the Currency issued a proposed rule implementing several provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, including the transfer of functions from the Office of Thrift Supervision and changes to national bank preemption and the OCC's visitorial authority. Under Dodd-Frank, the OCC will assume responsibility for the ongoing examination, supervision, and regulation of federal savings associations on July 21, 2011, the transfer date specified in Dodd-Frank.  To view these provisions, click here.

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