{"data":{"id":"us/12-cfr-1320.1","jurisdiction":"us","citation":"12 CFR 1320.1","heading":"Authority and purpose.","body":"(a) Authority. This part is issued by the Financial Stability Oversight Council under sections 111, 112, 804, 809, and 810 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) (12 U.S.C. 5321, 5322, 5463, 5468, and 5469).\n(b) Purpose. The purpose of this part is to set forth the standards and procedures governing the Council's designation of a financial market utility that the Council determines is, or is likely to become, systemically important.","path":["Title 12—Banks and Banking","CHAPTER XIII—FINANCIAL STABILITY OVERSIGHT COUNCIL","PART 1320—DESIGNATION OF FINANCIAL MARKET UTILITIES","Subpart A—General"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"d558bd06ed68f3e0b2f058224763e98c172ea5374c9b8527de075bbdb05ae431","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-appendix-a-to-part-1310","next":"us/12-cfr-1320.2"},"notice":"GroundRules: Original legal text. Not legal advice."}