What Dodd-Frank Act Section 502: Federal Insurance Office Authorities and Data Collection Powers requires
Section 502 of the Dodd-Frank Act establishes the Federal Insurance Office (FIO) within the U.S. Department of the Treasury, granting it authority to monitor all aspects of the insurance industry, identify systemically risky insurers, and compel the submission of data from any insurer or affiliate to inform its analysis and reports to Congress (31 U.S.C. § 313).
Pillar: Insurance & Risk · Authority: U.S. Department of the Treasury · Version: 1.0.0 · Last updated:
Primary source: https://home.treasury.gov/policy-issues/financial-markets-financial-institutions-and-fiscal-service/federal-insurance-office
SHA-256 integrity: 274718b10622cdf746966bb51ae1f7da526844db7038a33c75c6057752e338a2
Primary Citations — 7 traced to source
- Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203, Title V, Subtitle A
- 31 U.S.C. § 313: Federal Insurance Office
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