Financial Institutions Regulatory and Interest Rate Control Act of 1978

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Financial Institutions Regulatory and Interest Rate Control Act of 1978
Great Seal of the United States
Long titleAn act To extend the authority for the flexible regulation of interest rates on deposits and accounts in depository institutions.
Enacted bythe 95th United States Congress
Citations
Public lawPub.L. 95–630
Statutes at Large92 Stat. 3641
Legislative history
  • Introduced in the House as H.R.14279 by Henry Reuss (DWI) and Frank Annunzio (DIL) 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).

References[]

  • "The Financial Institutions Regulatory And Interest Rate Control Act Of 1978, Federal Banking Agencies, And The Judiciary: The Struggle To Define The Limitation Of Cease And Desist Order Authority". Washington and Lee Law Review. 44 (4): 1357–1379. 1987.

External links[]

  1. ^ Vértesy, László (2007). "The Place and Theory of Banking Law - Or Arising of a New Branch of Law: Law of Financial Industries". Collega. Vol. 2-3. XI. SSRN 3198092. |volume= has extra text (help)
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