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. |
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Enacted by | the 95th United States Congress |
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Public law | Pub. L. 95–630 |
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Statutes at Large | 92 Stat. 3641 |
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- 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
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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.