Financial Institutions Regulatory and Interest Rate Control Act of 1978 information
US federal law
Financial Institutions Regulatory and Interest Rate Control Act of 1978
Long title
An act To extend the authority for the flexible regulation of interest rates on deposits and accounts in depository institutions.
Enacted by
the 95th United States Congress
Citations
Public law
Pub. L.Tooltip Public Law (United States) 95–630
Statutes at Large
92 Stat. 3641
Legislative history
Introduced in the House as H.R.14279 by Henry Reuss (D–WI) and Frank Annunzio (D–IL) on October 10, 1978
Committee consideration by House Committee on Banking, Currency, and Housing, Senate Committee on Banking, Housing and Urban Affairs
Passed the House on October 11, 1978
Passed the Senate on October 12, 1978
Agreed to by the House on October 14, 1978 and by the Senate on October 14, 1978
Signed into law by President Jimmy Carter on November 10, 1978
The Financial Institutions Regulatory and Interest Rate Control Act of 1978 is a United States federal law. Among other measures, it established the Federal Financial Institutions Examination Council (FFIEC, under Title X of the act)[1] and authorized national security letters (NSLs, under the Right to Financial Privacy Act, Title XI of the act).
^Vértesy, László (2007). "The Place and Theory of Banking Law - Or Arising of a New Branch of Law: Law of Financial Industries". Collega. 2-3. XI. SSRN 3198092.
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