Financial Regulatory Clarity Act of 2015
Last action on Oct 26, 2015Referred to the Subcommittee on Commodity Exchanges, Ener...
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Summary
Financial Regulatory Clarity Act of 2015
Requires the Federal Deposit Insurance Corporation, the Office of Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau, the National Credit Union Administration, the Securities and Exchange Commission, and the Commodity Futures Trading Commission, before issuing a regulation or order, to assess other federal regulations and orders to determine whether: (1) the agency's proposal is in conflict with, inconsistent with, or duplicative of such regulations or orders; and (2) such other federal regulations or orders are outdated.
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