REMOVING NAMING RESTRICTIONS.

SEC. 204. REMOVING NAMING RESTRICTIONS. Section 13 of the Bank Holding Company Act of 1956 (12 U.S.C. 1851) is amended—(1) in subsection (d)(1)(G)(vi), by inserting before the semicolon the following: “, except that the hedge fund or private equity fund may share the same name or a variation of the same name as a banking entity that is an investment adviser to the hedge fund or private equity fund, if—“(I) such investment adviser is not an insured depository institution, a company that controls an insured depository institution, or a company that is treated as a bank holding company for purposes of section 8 of the International Banking Act of 1978 (12 U.S.C. 3106);“(II) such investment adviser does not share the same name or a variation of the same name as an insured depository institution, any company that controls an insured depository institution, or any company that is treated as a bank holding 132 STAT. 1310 company for purposes of section 8 of the International Banking Act of 1978 (12 U.S.C. 3106); and“(III) such name does not contain the word ‘bank’ ”; and(2) in subsection (h)(5)(C), by inserting before the period the following: “, except as permitted under subsection (d)(1)(G)(vi)”.