Code of Federal Regulations · Section
§ 1320.15 — Notification Of Final Determination Regarding Systemic Importance
12 C.F.R. § 1320.15
(a) Notification of final determination after a hearing. Within 60 calendar days of the hearing date, the Council shall provide to the financial market utility written notification of the final determination of the Council under § 1320.13, which shall include findings of fact upon which the determination of the Council is based.
(b) Notification of final determination if no hearing. If the Council does not receive a timely request for a hearing under § 1320.12, the Council shall provide the financial market utility written notification of the final determination of the Council under § 1320.13 not later than 30 calendar days after the expiration of the date by which a financial market utility could have requested a hearing.
Authorizing Statute
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Council authority12 U.S.C. § 5322
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Rulemaking12 U.S.C. § 5469
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Financial Stability Oversight Council established12 U.S.C. § 5321
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Designation of systemic importance12 U.S.C. § 5463
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Requests for information, reports, or records12 U.S.C. § 5468