The Dodd-Frank Wall Street Reform and Consumer Protection Act changed this somewhat by not allowing these assets to be a part of ( large ) banks ' regulatory capital.

The Dodd-Frank Wall Street Reform and Consumer Protection Act, however, passed by Congress and signed into law by President Obama on July 21, 2010, repealed the statutes that prohibit interest-bearing demand deposit accounts, effectively repealing Regulation Q ( Pub.

The Dodd-Frank Wall Street Reform and Consumer Protection Act included a provision which would " exclude trust-preferred securities from the regulatory capital of bank holding companies ", although it has several exceptions intended to allow these holding companies to transition into compliance with the law, including an exception for bank holding companies with less than $ 15 billion in consolidated assets as of December 31, 2009 and an exception for small bank holding companies under the Board of Governors ’ Small Bank Holding Company Policy Statement.

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